FANTASTIC INVESTMENT OPPORTUNITY!! BEAUTIFUL 8 UNIT BRICK BUILDING COMPLETELY UPDATED EXCEPT 1 UNIT ( LONG TERM TENANT THAT DIDN'T WANT HIS UNIT TO BE UPDATED). SEPARATE ELECTRIC/GAS, OWNER PAYS WATER AND HEAT. NEW WATER HEATERS, BOILER, BASEMENT LAUNDRY AREA WITH A BATHROOM, NEW CONCRETE PARKING PAD IN THE BACK ALONG WITH A 2 CAR GARAGE, ENCLOSED REAR PORCHES, THE FRONT 4 UNITS HAVE BRICK BALCONIES. NOTHING TO DO BUT TAKE OVER AND COLLECT RENT!!
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
7,381
Year renovated
—
Sq. Ft.
—
Year built
1913
Style
Multi-Family (5+ Unit)
County
Cook County
APN
20272270110000
Parking Spaces
4
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Dec 16, 2025.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Property details
Parking
Parking Information
Outdoor Parking: 1-5 Spaces
Indoor Parking: 1-5 Spaces
Interior
Unit Type 1 Information
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 8
Monthly Income: $850
Monthly Income Max: $900
Exterior
Building Information
# of Units: 8
Built Before 1978 (Y/N): Yes
Roof Structure: Flat
Construction Materials: Brick, Vinyl Siding
Property Information
Property Type: Multi Family 5+
Ownership Type: Corporation
Tenancy Type: Leases,Month To Month
Parcel Number: 20272270110000
Lot Information
Dimensions: 60 FT X 124 FT
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $8,021
Tax Year: 2022
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 6.08
Total Monthly Income: $6,850
Gross Income: $82,200
Utilities
Utility Information
Electric: Circuit Breakers
Heating & Cooling
Heat/Ventilation: Radiators
Cooling: Window Unit(s)
Location
Location Information
Directions: 7437 S Rhodes...go to 74th street and travel to Rhodes. Go south to 7437 S Rhodes. Rhodes is a one way street going south....
Public facts
Beds: 8
Baths: —
Sq. Ft.: —
Stories: 2.0
Parking Spaces: 4
Basement: No
Accessible: No
Lot Size: 7,381 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1913
Year Renovated: —
County: Cook County
APN: 20272270110000
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Dec 16, 2025
Other
Expense Information
Water Sewer Expense: $1,200
Water Expense Source: Owner Projection
Electric Expense: $500
Trash Expense: $90
Insurance Expense: $7,000
Listing Information
Some Photos Virtually Staged?: No
Around this home
Schools
Tanner Elementary School
Public PreK-8 • Assigned • 0.2mi
3/10
Hirsch Metropolitan High School
Public 9-12 • Assigned • 0.6mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60619
Average low and high temperatures (°F)
30
17
39
25
54
36
62
44
67
52
81
65
85
71
81
68
77
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.