8537 S Essex Avenue
Chicago, IL 60617

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $325,000

About this home

Welcome to this stunning, newly rehabbed 2-flat in the heart of South Chicago! This versatile property offers a fantastic opportunity to live in one unit and rent out the other, effectively letting your tenant pay your mortgage. Each unit boasts 2 spacious bedrooms and 1 elegant bathroom, perfect for both homeowners and renters. The modern kitchen feature sleek quartz countertops, elegant 42-inch shaker cabinets, and a dedicated wine pantry. The first-floor unit is ideal for tenants, featuring durable vinyl flooring and baseboard heating that is paid by the tenant, providing energy efficiency. You'll love the warmth of the newly installed hardwood floors on the upper level, the charm of chandeliers, and the convenience of recessed lighting throughout. The units are adorned with classic wainscoting and offer the comfort of central heat and air conditioning. Additional highlights include a new roof, a new enclosed porch, a spacious 2.5 car garage, energy-efficient tankless water heater and furnace, and in-unit washer and dryer. Situated in the vibrant South Shore neighborhood, this property is close to public transportation, shopping, dining, parks, and the beautiful Lake Michigan shoreline. Don't miss out on this incredible opportunity to own a newly rehabbed 2-flat in South Chicago. Schedule a viewing today and envision your future in this beautiful home!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1918
Parking Total 2.5
Exterior Building Type Vinyl Siding
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2.5
Parking Garage
Rehab Year 2024
MRD Virtual Tour None
Virtual Tour Date 07/04/2024 1:06 am
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - South Chicago
Corporate Limits Chicago
Directions East on 87th st, Left on Essex to property
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 2
Full Baths in Building Count 2
Total Rooms 10
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer, Microwave
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 3750 SQ FEET
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 21313180400000
Special Assessments N
Taxes $2,011
Tax Year 2022
$325,000 Listing Price:
MLS # 12099716
Investment Profile Residential Income
Listing Market Time 36 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 07/01/2024
Year Built 1918
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