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7724 S Essex Avenue Chicago, IL 60649
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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Southshore
MLS Listing ID 10936957
Sold Date 02/18/21
Style Other
Bedrooms 11
Full Baths 3
Year Built 1923
Annual Tax Amount $5,496
Tax Year 2019
Lot Size 3,484 Sqft
Lot Dimensions 35X135
Property Description
TOTAL HIGH-END RENOVATION OF THIS LARGE BEAUTIFUL ALL BRICK 3-FLAT. 2 UNITS ARE 3 BED/1 BATH EACH OVER 1500 SQ FT, THE OTHER IS A 5 BED/2 BATH DUPLEX THAT CAN EASILY BE LEASED UNLESS NEW OWNER INTENDS TO LIVE THERE. POTENTIAL MONTHLY INCOME FOR THIS BUILDING COULD BE $4,300-4,500. NEWER REAR STAIRCASE INSTALLED TO CITY CODE. THIS BUILDING IS LOCATED NEAR TRANSPORTATION AND SHOPPING. HIGH CASH FLOW AND MINIMAL FUTURE MAINTENANCE MAKE THIS PROPERTY AN ATTRACTIVE TURNKEY INVESTMENT.
Location
State IL
County Cook
Community Gated, Sidewalks, Street Lights, Street Paved, Other
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Steam
Fireplace N
Exterior
Garage Detached
Garage Spaces 3.0
Waterfront false
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Frank Montro • Keller Williams Preferred Rlty