Harding Real Estate Team
BEDS9
BATHS3 full
MLS#12724446
STATUS(Short Sale) - New
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
INVESTOR DREAM - 3-Unit Brick in South Shore's Transformation Zone Solid all-brick 3-flat. 9 beds, 3 baths, 3,200 sq ft of income potential. Same ownership for years - needs TLC and vision, not demolition. Separate utilities, full basement, layouts that rehab beautifully. INVEST South/West priority corridor ($280M+ city investment). Obama Presidential Center under construction minutes away - surrounding neighborhoods already seeing values double. THRIVE Exchange breaking ground blocks away. 71st Street initiative bringing new businesses and foot traffic. Potential rent $3,600-$4,200/mo post-rehab. Short sale, sold AS-IS, subject to lender approval. Cash or rehab loan preferred. This is the most strategically positioned multifamily on Chicago's South Side right now. The investor who buys in 2026 will thank themselves in 2028.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Full
Garage: 3
Heating: Natural Gas
Lot Size: 0.08 Acres
Taxes: $6,469
Year Built: 1927
Feature Descriptions
Exterior: Brick
Lot Dimensions: 3720 SQ FT
Parcel#: 21303010210000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 18
Township: South Chicago
Water: Lake Michigan
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Century 21 IMPACT
Agency Phone: 815-221-8400
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 2,887.35 per month $2,231.89 Principal & Interest $539.08 Property Tax $116.38 Homeowner's InsuranceChange Payment Information
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7544 S Essex Avenue | MLS# 12724446
This multi-family property located at 7544 S Essex Avenue , Chicago, IL 60649 is currently listed for sale with an asking price of $399,000. S Essex Avenue is located within the District 299 school district. Search Chicago real estate on www.hardingrealestateteam.com today.