7544 S Essex Ave

Chicago, IL 60649
  • $425,000

    Price
  • 9

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 86619 - 1015997

INVESTOR DREAM - 3-Unit Brick in South Shore's Transformation Zone Solid all-brick 3-flat. 9 beds, 3 baths, 3,200 sq ft of income potential. Same ownership for years - needs TLC and vision, not demolition. Separate utilities, full basement, layouts that rehab beautifully. INVEST South/West priority corridor ($280M+ city investment). Obama Presidential Center under construction minutes away - surrounding neighborhoods already seeing values double. THRIVE Exchange breaking ground blocks away. 71st Street initiative bringing new businesses and foot traffic. Potential rent $3,600-$4,200/mo post-rehab. Short sale, sold AS-IS, subject to lender approval. Cash or rehab loan preferred. This is the most strategically positioned multifamily on Chicago's South Side right now. The investor who buys in 2026 will thank themselves in 2028.

Listing Highlights

Status Active
Days on Site 25
Property Type Multi-Family
MLS ® 12724446
Year Built 1927
Total Square Footage 0
Lot/Acreage 0.08
County Cook
School District 299

Interior Details

  • Bedrooms: 9
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Lot Dimensions: 3720 SQ FT
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Detached,Garage

Financial Details

  • Tax Amount: $6,469
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 21303010210000
  • Tax Year: 2024

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

7544 S Essex Ave Chicago, IL 60649

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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