7829 S ESSEX Avenue
Chicago, IL 60649

Status: Active
Multi Family
12 beds
0 baths
0 sq.ft
Listing Price: $499,000

About this home

Introducing a Prime Investment Opportunity in South Shore! This charming 3-unit building in South Shore offers the perfect blend of modern updates and convenient amenities. The first-floor unit features a recently updated kitchen, while the second and third-floor units boast updated granite counters and stainless steel appliances. Each apartment has been freshly painted, creating a bright and inviting atmosphere for residents. Building offers coin laundry, extra storage in basement with the opportunity to duplex down the first unit. Additionally, the property includes a 3-car garage, providing ample parking space for tenants. Situated near the expressway and the lake, this building offers easy access to transportation and the scenic waterfront, making it an attractive location for potential tenants. Whether you're looking to invest in a thriving rental property or seeking a comfortable home with modern conveniences, this 3-unit building in South Shore presents an exciting opportunity for both investors and residents alike.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1924
Parking Total 3
Exterior Building Type Brick
Exterior Property Features Porch
Foundation Stone
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Garage
Rehab Year 2022
Roof Type Rubber
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
Virtual Tour Date 02/19/2024 4:44 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - South Shore
Zoning Type MULTI
Corporate Limits Chicago
Directions EAST/WEST ON 79TH STREET TO ESSEX AVE, NORTH TO ADDRESS
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Partially Finished, Exterior Access, Bathroom Rough-In, 9 ft + pour, Storage Space
Basement Full ,Walkout
Bedrooms Count 12
Bedrooms Possible 12
Baths Count 6
Full Baths in Building Count 6
Total Rooms 18
Units
unit 1
Beds Total 4
Baths Total 2
Actual Rent 1729
Appliances And Features Stove, Refrigerator, Microwave, Hardwood Floors
Full Baths Total 2
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays None
Floor Number 1
Square Feet 1600
unit 2
Beds Total 4
Baths Total 2
Actual Rent 1600
Appliances And Features Stove, Refrigerator, Hardwood Floors
Full Baths Total 2
Lease Expiration Date 9/30
Rooms Total 6
Tenant Pays None
Floor Number 2
Square Feet 1600
unit 3
Beds Total 4
Baths Total 2
Actual Rent 1700
Appliances And Features Stove, Refrigerator, Hardwood Floors
Full Baths Total 2
Lease Expiration Date 8/1
Rooms Total 6
Tenant Pays None
Floor Number 3
Square Feet 1600
Property / Lot Details
Deconversion N
Lot Dimensions 3,720 SQ. FT.
Lot Description Fenced Yard
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Investment Profile Residential Income

Tax/Assessments/Liens

PIN 21303270050000
Special Assessments N
Taxes $3,497
Tax Exemptions None
Tax Year 2022
$499,000 Listing Price:
MLS # 11979724
Investment Profile Residential Income
Listing Market Time 46 days
Basement Full ,Walkout
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 03/15/2024
Year Built 1924
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