$440,000
$440,000
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7722 S Essex AVE Chicago, IL 60649
9 Beds
3 Baths
3,484 Sqft Lot
Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12131803
Sold Date 09/13/24
Style Brownstone
Bedrooms 9
Year Built 1925
Annual Tax Amount $3,599
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 30X125
Property Sub-Type Two to Four Units
Property Description
Owner is doing a 1031 tax exchange to acquire a larger property. The property is phenomenal with great tenants and low expenses. Both tenants are long term tenants. With simple updating similar apartments in the area are renting for $1,450 a month on the low end. 3 Large 3 Bedroom 1 Bath apartments at nearly 1,100 sq. ft each. Coin operated laundry in the building. House Hacking this property will be a breeze. This property helped elevate the past two owners to larger properties, because it is such a solid building and you could be next!
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Equipment Intercom
Fireplace N
Exterior
Exterior Feature Balcony
Community Features Water Rights, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Roof Type Tar and Gravel
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Deborah Robinson • Real People Realty