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7062 W Diversey Avenue, 
Chicago, IL 60707

$795,000


10

Beds


5

Baths


-

Sq Ft


Multi-Family

Pending

Listed by

Karla Mina

Mpower Residential Brokerage LLC.

Last updated:

September 12, 2025, 07:39 AM

MLS#

12464795

Source:

MLSNI

About This Home

7062 W Diversey Avenue

Refurbished LEGAL three-flat offering exceptional cash flow and long-term equity potential. Units boasts spacious floor plans with oversized bedrooms and wide layouts. The top floor and middle unit are about 1,417 sq. ft. while lower level unit is about 1,000 sq ft. The 1st and 2nd floor units feature 4 bedrooms and 2 full baths-designed to capture premium rents in this rental market. Nearby comps show 3BR units renting for $2,300/month, making $2,400-$2,500 achievable for these larger 4BR layouts. The ground-level unit offers flexibility as a 2BR/1BA or can be expanded to add an additional bedroom and bath. Area comps support rents around $2,100/month. Fully leased, projected gross annual income is $85,200+ (without parking income). Additional upside with coin-operated laundry or by leasing the detached 2-car garage. Utilities have been separated for tenants to pay their own. This classic Chicago yellow-brick building combines durability with high residual income potential. Prime location-close to shopping, dining, and neighborhood conveniences-ensures consistent tenant demand and short market times. Whether you're adding to your portfolio or looking for a strong-performing investment property, this is a smart acquisition to secure before year's end.

Home Facts

Multi-Family

5 Baths

10 Bedrooms

Built in 1955

Price Summary

795,000

MLS #:

12464795

Last Updated:

September 12, 2025, 07:39 AM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5


Structure

Structure

Year Built:

1955


Finances & Disclosures

Finances

Price:

$795,000

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