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7931 S Manistee Ave, Chicago, IL, 60617

21beds
7baths
9,000sqft
$654,500
$73price/sqft
$5,507/moest. monthly cost
$220,280/yrincome needed

About This Home

Gross Scheduled Income: $121,140 NOI: $58,975 Pre-Tax Cash Flow: $19,172 CAP Rate: 9.00% Total Return (Yr1): 33.58% Offering Memorandum available upon request.

Getting Around

72
WalkingVery Walkable
63
TransitGood Transit
54
BikeBikeable

Construction

Condition

  • Year built: 1926

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Range / Oven,Refrigerator

Basement

  • Basement: Partially finished

Bedrooms & Bathrooms

  • Bedrooms: 21
  • Bathrooms: 7
  • Full bathrooms: 7

Features

  • Flooring: Tile,Hardwood

Heating & Cooling

  • Heating features: Other,Gas
  • Cooling features: None

Interior Area

  • Total interior livable area: 9,000 sqft

Property

Features

  • Exterior features: Brick

Lot

  • Lot size: 6,250 sqft

Parking

  • Parking features: On-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,309$39,708
Home Insurance *$563$6,756
Property Taxes $943$11,316
Electricity $692$8,306
Total$5,507$66,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$188,811/yr
40% on housing$165,210/yr
45% on housing$146,853/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 60617$125
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60617$160
Cook County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$655,000
2025-11-06Listing removed--
2025-08-28Price change$655,000
2025-07-14Pending sale$642,500
2025-07-08Listed for sale$642,500
2025-06-17Listing removed--
2025-05-21Listed for sale$642,500
2022-07-23Listing removed--
2022-05-18Listed for rent$1,175
2021-12-06Listing removed--
2021-10-28Listed for rent$1,095
2020-07-02Listing removed$1,025
2020-06-17Price change$1,025
2020-06-02Listed for rent$995

For Sale by Owner

AgentProperty Owner

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