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7621 S Eggleston Ave, Chicago, IL, 60620

4beds
4baths
--sqft
$350,000
--price/sqft
$2,758/moest. monthly cost
$110,320/yrincome needed

About This Home

Don't miss this beautifully renovated all-brick 4-unit building in Chicago's desirable Chatham neighborhood. Extensively rehabbed over the past two years, this income-producing property offers the perfect combination of modern updates and long-term value. Each unit has been thoughtfully updated and features brand-new appliances, while major mechanical improvements include new furnaces and new water heaters, providing peace of mind for years to come. The roof is approximately 10 years old, further minimizing future maintenance expenses. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this property is truly move-in ready. Conveniently located near public transportation, shopping, schools, parks, and major expressways, this is an exceptional opportunity to own a low-maintenance multifamily asset in one of Chicago's established South Side neighborhoods. Schedule your private showing today and discover the potential this turnkey property has to offer! Similar units have rented in the area from $1050 to $1150 per month.

Getting Around

68
WalkingSomewhat Walkable
68
TransitGood Transit
66
BikeBikeable

Schools

Construction

Condition

  • Year built: 1881

Materials

  • Roof: Flat
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 20283130080000
  • Special condition: None

Lot

  • Lot size: 4,522 sqft

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 WaveRelatively 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 $1,769$21,228
Home Insurance *$355$4,260
Property Taxes $504$6,048
Electricity $130$1,569
Total$2,758$33,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,560/yr
40% on housing$82,740/yr
45% on housing$73,546/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60620$150
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60620$126
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
2026-07-20Listed for sale$350,000

For Sale by Agent

AgentPeter Diaz
Brokerage@properties Christie's International Real Estate

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