7611 S Essex AVE, Chicago, IL 60649
7611 S Essex AVE, Chicago, IL 60649
7611 S Essex AVE, Chicago, IL 60649
7611 S Essex AVE, Chicago, IL 60649
7611 S Essex AVE, Chicago, IL 60649
7611 S Essex AVE, Chicago, IL 60649
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$ 570,000
Est. payment | /mo

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$ 570,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12626942

Maintenance Fees $24,694

Year Built 1926

Annual Tax Amount $10,520

Tax Year 2024

Lot Dimensions 50x125

Property Sub-Type Multi Family 5+

Property Description

Six 3BR/2BA units | 5/6 units occupied | rents $1,150-$1,700/mo | 2025 rent income $81,418 | NOI ~$38,500 | Current rents below market with clear upside as leases roll. Solid brick building, hardwood floors throughout, gated front yard, on-site parking. City violations on record - all repair work completed by seller in 2025; re-inspection pending only, no repair cost to buyer. Strong in-place income with value-add upside. Sold as-is. Proof of funds required.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
Listed by Yuliya Onyshchuk of  Marblestone Property Group LLC 

Nearby Locations

Steven Sutton-Gordon

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(563) 343-7679

steven@stevensellinghomes.com

5525 Meredith Dr, Des Moines, IA, 50310, USA

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7611 S Essex AVE