7611 S Essex Avenue, Chicago, IL

$550,000

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About 7611 S Essex Avenue

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. Property requires substantial rehabilitation and is offered strictly AS-IS. Investor opportunity with multiple units. Seller makes no representation regarding condition, code compliance, unit legality, occupancy status or future development potential. Buyer responsible for independent due diligence.

Features of 7611 S Essex Avenue

MLS® # 12626942
Price $550,000
Bathrooms 0.00
Year Built 1926
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 7611 S Essex Avenue
Area CHI - South Shore
City Chicago
County Cook
State IL
Zip Code 60649

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick

Additional Information

Days on Market 134
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarblestone Property Group LLC

Listing Map

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