Listed by Latrease Davenportof PIP Realty Group
-
Est. payment /mo
6 Beds
New
7839 S Ellis AVE Chicago, IL 60619
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12692588
Bedrooms 6
Year Built 1924
Annual Tax Amount $3,295
Tax Year 2024
Lot Dimensions 35X128
Property Sub-Type Two to Four Units
Property Description
Turnkey investment opportunity! This solid brick 2-unit building was recently renovated in 2022 and features a brand-new roof installed in Spring 2026, providing peace of mind for years to come. Located on a quiet, tree-lined street next to a school and just minutes from shopping, public transportation, and other neighborhood conveniences, this well-maintained property is ideal for both seasoned investors and those looking to grow their real estate portfolio. Both units are fully occupied with leases in place, each generating **$1,650 per month**, providing immediate, reliable rental income from day one. **Please note:** This property must be purchased as a package with the neighboring 2-flat located at **7432 S. Maryland Ave.** This is a rare opportunity to acquire two income-producing buildings simultaneously. The seller is highly motivated, and pricing and terms for the package are negotiable with qualified buyers. Don't miss your chance to add this cash-flowing asset to your investment portfolio!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None

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