IL > Chicago
Chicago, IL 60619,7910 S Greenwood AVE
Chicago, IL 60619,7910 S Greenwood AVE
Chicago, IL 60619,7910 S Greenwood AVE
Chicago, IL 60619,7910 S Greenwood AVE
Chicago, IL 60619,7910 S Greenwood AVE
Chicago, IL 60619,7910 S Greenwood AVE
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Legacy Property Management

Legacy Property Management

+1(224) 999-9200
$ 275,000
Est. payment | /mo

11 Beds

6 Baths

3,049 Sqft Lot

Save
$ 275,000
Est. payment | /mo
Save

11 Beds

6 Baths

3,049 Sqft Lot

OPEN HOUSE

Sun Apr 27, 12:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12337443

Bedrooms 11

Year Built 2008

Annual Tax Amount $5,227

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions 25X124

Property Sub-Type Two to Four Units

Property Description

Rare Opportunity: Option to Assume a 2.625% FHA Mortgage & Save Thousands Annually, Live Rent FREE & Get Paid $444/Monthly to Live Here! Save $986/Month & Over $380,000 in Interest By Securing This Historically Low Interest Rate! Ideal for Owner-Occupants or Savvy Investors, Recently Renovated in 2018, This Fully Occupied Brick 3-Unit Building Generates Strong Cash Flow! This Cash Flow King is the Rent Hack of All Rent Hacks - Have Existing Tenants Cover Mortgage, Taxes & Insurance and Live Rent Free! Only a Handful of Multi-Units in All of Illinois Qualify for an Interest Rate This Good! At Nearly 4,000 sq ft This True Triplex Boasts Two Spacious Units w/ 4 Beds | 2 Full Baths & One Unit w/ 3 Beds | 2 Full Baths! Well Maintained Building Includes Newer First Floor Water Heater, Windows & 3 Parking Spaces at the Rear of the Building! Conveniently Located Across From the Brand New 79th Street Metra Station & Mere Blocks Away From Lake Shore Drive, Transportation is Easily Accessible! A Short Distance From Several Major Economic Developments Unfolding in the Area! Don't Miss Out on This Opportunity to Invest in a Thriving Market! Tenants Pay Electric, Gas & Heat! Unit #1 Rented for $1150. Unit #2 Rented for $1,290. Unit #3 Rented for $1,320. Rents are Artificially Low for the Area. All Tenants are Month to Month! You Can Acquire This Building for $0 Down, a Cap Rate of 10.66% & Potential Cash-on-Cash Return of Over 360%!

Location

State IL

County Cook

Area Chi - Chatham

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick,Frame, No

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ryan Widerberg • eXp Realty, LLC - Chicago North Ave
agent-avatar

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

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg, IL, Other

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7910 S Greenwood AVE