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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$ 550,000
Est. payment | /mo

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$ 550,000
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

Legacy Property Management

"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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7611 S Essex AVE