7924 S Peoria St, Chicago, IL, 60620
About This Home
Welcome to 7924 S Peoria St, a fantastic 3 unit building situated in a vibrant neighborhood just minutes from downtown Chicago and public transportation. This well maintained property is perfect for both homeowners and savvy investors looking to capitalize on the thriving rental market. Unit 1 is currently vacant, offering a blank canvas for new owners or tenants to personalize their space. This unit features beautiful hardwood floors throughout and stainless steel kitchen appliances, enhancing the warm and inviting atmosphere. Unit 2 is Occupied by a reliable tenant with a lease that extends until July 2026, providing steady rental income. This unit also has hardwood floors and stainless steel kitchen appliances. What makes this unit unique is that it has a den area that's perfect for an office space, along with access to a walk-out balcony, ideal for relaxing with a morning cup of coffee or enjoying evening sunsets. The basement Unit is occupied by a tenant on a month-to-month lease, allowing for flexibility if you choose to move in or make adjustments to the rental strategy. Each unit is equipped with its own washer and dryer, adding convenience for tenants while keeping utility expenses manageable-tenants are responsible for their own gas and electric bills. Outside, the spacious backyard offers plenty of room for small gatherings and enjoyment, allowing tenants a great outdoor space to unwind. The property's 3 car garage provides each tenant with a designated parking spot, ensuring comfort and convenience. This property is an exceptional investment opportunity with strong rental potential on well desired block. Don't miss your chance to own a piece of Chicago real estate that combines practicality with desirable features!
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heating features: Natural Gas,Sep Heating Systems - 2+
Property
Details
- Parcel number: 20322050190000
- Zoning: MULTI
- Special condition: None
- Other equipment: Ceiling Fan(s)
Features
- Exterior features: Balcony
- Spa features: Outdoor Hot Tub
Lot
- Lot size: 3,920 sqft
- Lot size dimensions: 33X124
Parking
- Total spaces: 3
- Parking features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
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
- Heat Wave
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,452 | $29,424 |
| Home Insurance * | $492 | $5,904 |
| Property Taxes | $699 | $8,388 |
| Electricity | $130 | $1,569 |
| Total | $3,773 | $45,276 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-24 | Listed for sale | $489,900 |
| 2023-02-28 | Sold | $365,000 |
| 2023-01-26 | Contingent | $375,000 |
| 2023-01-03 | Listed for sale | $375,000 |
| 2023-01-01 | Listing removed | -- |
| 2022-11-04 | Price change | $395,000 |
| 2022-09-02 | Listed for sale | $410,000 |
| 2021-03-03 | Listing removed | -- |
| 2020-03-30 | Listing removed | $1,250 |
| 2020-03-12 | Price change | $1,250 |
| 2020-02-29 | Listed for rent | $1,300 |
| 2020-02-26 | Sold | $302,000 |
| 2020-01-06 | Pending sale | $295,000 |
| 2019-12-28 | Listed for sale | $295,000 |
| 2019-02-05 | Sold | $80,000 |
| 2018-12-17 | Pending sale | $89,000 |
| 2018-11-21 | Price change | $89,000 |
| 2018-10-25 | Pending sale | $105,000 |
| 2018-10-04 | Listed for sale | $105,000 |
| 2018-08-11 | Pending sale | $105,000 |
| 2018-07-01 | Listed for sale | $105,000 |
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