For Sale
Multi family home for sale at 7227 S Michigan Ave, Chicago, IL 60619 | MLS# 12597509 | Listing updated on 2026-09-14
Photo 1 of Multi family home for sale at 7227 S Michigan Ave, Chicago, IL 60619 | MLS# 12597509 | Listing updated on 2026-09-14
Photo 2 of Multi family home for sale at 7227 S Michigan Ave, Chicago, IL 60619 | MLS# 12597509 | Listing updated on 2026-09-14
Photo 3 of Multi family home for sale at 7227 S Michigan Ave, Chicago, IL 60619 | MLS# 12597509 | Listing updated on 2026-09-14
Photo 4 of Multi family home for sale at 7227 S Michigan Ave, Chicago, IL 60619 | MLS# 12597509 | Listing updated on 2026-09-14
22+
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Street View

$400,000

Monthly Est:$1,991

  • Beds Icon6 Beds
  • Beds Icon
    2 Baths
  • Beds Icon--sqft

7227 S Michigan Ave, Chicago, IL 60619

$1,991/moEst:

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  • Multi Family

  • Built in 1916

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

Turnkey Investment Opportunity - Fully Updated 2-Unit Building in Chatham/Park Manor Welcome to 7227 Michigan Ave-an exceptional opportunity to own a newly updated, income-producing building in the sought-after Chatham/Park Manor neighborhood. This well-maintained property features three spacious 3-bedroom, 1-bathroom apartments, making it ideal for investors seeking strong rental income or owner-occupants looking to live in one unit while generating revenue from the others. Each unit has been recently renovated with modern finishes, including beautiful hardwood floors throughout and updated kitchens with sleek granite countertops. The thoughtful upgrades and solid ...

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  • Houzeo last checked: 12 minutes ago
  • Listing updated: September 14, 2026 at 4:13 pm
  • Listing Provided by: Colleen Berg | Berg Properties (888) 276-9959
  • Source: MRED MLS-IL | MLS#: 12597509 MRED MLS-IL

Part of

Building
7227 S Michigan Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    Greater Grand Crossing

  • Year Built

    1916

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12597509

  • MLS Status

    Active

  • Days on Market

    190

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 2

Interior

  • Sewer

    Public Sewer

  • Heating

    Natural Gas

Construction

  • Year Built

    Year Built: 1916

  • Home type

    Multi Family

  • Construction Materials

    Brick

Utilities & Energy

  • Water Source

    Lake Michigan

  • Basement

    Unfinished, Full

Price History

DateEventPrice

05/15/2026

Source: mls_logoMRED MLS-IL #MRD12597509

Listed for Sale

$400,000

$0/sqft

05/12/2026

Source: mls_logoMRED MLS-IL #MRD12597509

Contingent (Active Under Contract)

$400,000

$0/sqft

04/06/2026

Source: mls_logoMRED MLS-IL #MRD12597509

Price Decreased

$400,000 -9.07%

$0/sqft

03/20/2026

Source: mls_logoMRED MLS-IL #MRD12597509

Listed for Sale

$439,900

$0/sqft

Greater Grand Crossing Ranks #176 in Chicago, IL

Homes for sale
95

Homes

Rental prices
$1,224

Rental Prices

Median Home Price
$180K

Median Home Price

Greater Grand Crossing, Chicago, IL neighborhood guide

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Sep 28, 2026, 12:30AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Sep 28, 2026, 12:30AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

Advertising Broker: Jorge Romero | Realty One Group Inc.

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