7304 S Peoria Street, Chicago IL 60621
Property Description
This fully compliant legal 3-unit property delivers immediate income potential paired with the owner-occupant flexibility that savvy buyers pursue. Seven bedrooms and three bathrooms across three independently rented units create multiple revenue streams-whether you're owner-occupying one unit and collecting rent from two, or maximizing return on all three. Recent renovations and modern updates throughout mean minimal turnover delays and strong tenant appeal. Off-street rear parking adds convenience and property value in competitive markets. The structure is straightforward and the legal compliance eliminates the regulatory risk that haunts many multi-unit deals. Each unit has its own water heater and furnace. Each unit pays its own gas & electric, owner pays water. For investors seeking cash flow, owner-occupants building equity through rental revenue, or those exploring the house-hack model, this property delivers solid fundamentals and genuine opportunity.
Features & Information
Key Details
- List Price $350,000
- Property Taxes $843
- Year Built 1911
- Status Active
- List Market Time 7
Units
-
Unit 1
- Floor 1
- Rooms 7
- Beds 3
- Baths 1
- Appliances Range Hood
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 0
-
Unit 2
- Floor 2
- Rooms 5
- Beds 2
- Baths 1
- Appliances Range Hood
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 0
-
Unit 3
- Floor B
- Rooms 5
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $0/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 0
Exterior Features
-
Parking
- # of Cars: 3
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property Halsted To 73rd St, West To Peoria St, South To Address.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 843
- Tax Year 2023
- Parcel Identification Number 20292210260000
Listed by Jessica Sims for Century 21 IMPACT | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/22/2026 3:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Englewood
Englewood has seen its share of both good fortune and hard luck over the years. Englewood Station was once a stop on the premier New York Central Railroad Line, and had one of the hottest shopping districts in the city. Unfortunately it suffered when many of the once-prominent industries, such as the railroad, left the community. Lately, though, there is a resurgence of interest in Englewood, as developers realize some of the hidden assets of the area, including convenient access to public transportation and expressways, loads of public parkland, and affordable housing. Not to mention free music concerts and outdoor films in the neighborhood's parks during the warm weather months.
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