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Investment Highlights

  • Fully renovated six-unit building with modern finishes throughout.
  • Brand-new kitchens featuring quartz countertops, new cabinetry, stylish backsplashes, and stainless steel appliances.
  • Recent capital improvements include 100% new plumbing, electrical systems, and a brand-new tear-off roof.
  • Excellent unit mix: four 3-bedroom apartments and two 5-bedroom duplex units.
  • In-unit laundry, hardwood flooring, and separate furnaces with central A/C in every unit.
  • All utilities separately metered; tenants pay their own gas and electricity, plus on-site parking for added convenience.

Executive Summary

7127 S Normal Blvd presents a rare chance to acquire a jumbo center-entrance six-unit property that has been completely renovated from top to bottom. This impressive asset offers an excellent unit mix, featuring four spacious 3-bedroom apartments and two expansive 5-bedroom duplex units, delivering strong rental appeal and income potential.
Every unit has been thoughtfully upgraded with brand-new plumbing, electrical systems, and modern finishes throughout. Interiors showcase gleaming hardwood floors, in-unit laundry, and individual furnaces with central A/C for tenant comfort. Kitchens have been fully redesigned with new cabinetry, quartz countertops, stylish backsplashes, premium plumbing fixtures, and stainless steel appliances. Bathrooms have been completely updated for a contemporary look and feel.
The property also boasts a brand-new tear-off roof, ensuring long-term durability and minimal near-term maintenance. All utilities are separately metered, with tenants responsible for their own gas and electricity, reducing operating expenses for ownership. A rear parking area provides added convenience for residents.
This turnkey building combines modern amenities, efficient systems, and a desirable unit mix, making it an outstanding opportunity for investors seeking immediate cash flow and long-term value in a strong rental market.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $775,000
Price Per Unit $129,167
Sale Type Investment
Cap Rate 13.64%
Gross Rent Multiplier 5.62
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 6,600 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1904/2025
Opportunity Zone Yes
Zoning RT-4 - RT-4

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Smoke Free
  • Trash Pickup - Curbside
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 4 $1,750 1,000
5+2 2 $2,250 1,300
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
20-28-106-005-0000
Land Assessment
$1,875 (2025)
Improvements Assessment
$27,125 (2025)
Total Assessment
$29,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 39600923

  • Date on Market: 2/27/2026

  • Last Updated:

  • Address: 7127 S Normal Blvd, Chicago, IL 60621

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