7422 S Blackstone Avenue, Chicago, IL

$395,000

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8

Beds

About 7422 S Blackstone Avenue

Welcome to the charming, income-generating 2-unit building in South Shore offering 8 bedrooms, 3 bathrooms, and a 2-car garage with a party door. The property features a 3-bedroom upper-level unit currently rented for $1,300/month, providing immediate rental income and strong potential for growth. The first-floor unit is duplexed to the basement and offers an expansive 5-bedroom, 3-bathroom layout with spacious bedrooms, hardwood floors, and stainless steel appliances. The first-floor unit has an estimated rental potential of $2,500-$2,700/month, making this an attractive opportunity for an investor or owner-occupant looking to maximize the property's income potential. With ease of access to Obama Presidential Center, University of Chicago, Jackson Park Hospital, the Illinois Tollway, Lake Shore Drive, Metra, and several commuter bus routes including 6, 28, 71, and 75, this may be the most convenient (and attractive) choice for you and/or your future tenants. The property is being offered as-is with a premium warranty covering major systems, appliances, correction of code violations, permits and modifications. The owner will address lender-required repairs as needed to facilitate financing. This is a solid opportunity for buyers seeking space, rental income, and long-term upside in a highly coveted location. If you're serious about taking the next step, contact me to schedule your showing today.

Features of 7422 S Blackstone Avenue

MLS® # 12732919
Price $395,000
Bedrooms 8
Bathrooms 0.00
Year Built 1898
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 7422 S Blackstone Avenue
Area CHI - South Shore
City Chicago
County Cook
State IL
Zip Code 60619

Amenities

Parking Spaces 2
Parking Garage Door Opener, Yes, Garage Owned, Detached, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Finished, Exterior Entry, Egress Window, Rec/Family Area, Sleeping Area, Storage Space, Walk-Up Access, Full, Walk-Out Access

Exterior

Exterior Brick

School Information

District 299
Elementary Madison School
High Chicago Vocational Career Acad S

Additional Information

Days on Market 16
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEllison Parker Realty

Listing Map

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