This Multifamily Property is no longer advertised on LoopNet.com.

7200-02 S Stony Island Ave
Chicago, IL 60649
Multifamily Property For Sale · 24 Units

Investment Highlights

  • 24 Renovated Units: Twelve (12) 2 bed / 1 bath and twelve (12) 1 bed / 1 bath apartments with updated finishes and spacious layouts
  • Separate Utilities: Individual furnaces and hot water tanks in each unit—minimizing ownership expenses
  • Modernized Interiors: Stainless steel appliances, in-unit laundry, updated kitchens and baths, refinished hardwood floors
  • Major Capital Improvements: Updated electric and plumbing, newer steel rear porch, security cameras, intercom system w/ keyless entry + new iron gate

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 21,600 SF
Average Occupancy 96%
No. Stories 3
Year Built 1898
Zoning C2-2

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Intercom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $1,249 800
2+1 12 $1,343 1,000

Property Taxes

Property Taxes

Parcel Number
20-26-211-016-0000
Land Assessment
$12,045
Improvements Assessment
$190,655
Total Assessment
$202,700
  • Listing ID: 38509839

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: 7200-02 S Stony Island Ave, Chicago, IL 60649

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