7236 S Michigan Ave

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

INVESTOR OPPORTUNITY: Classic Brick Two-Flat Sold AS-IS AS-IS SALE PROPERTY HIGHLIGHTS: Welcome to a solid investment opportunity in Greater Grand Crossing! This classic 1923 brick two-flat offers 6 bedrooms, 2 bathrooms across two spacious 3BD/1BA units, plus a detached brick 2-car garage-all sitting on an extra-large lot with excellent bones and strong rental demand fundamentals. PROPERTY FEATURES: Two 3-bedroom, 1-bathroom units providing dual income streams Classic brick construction with timeless...INVESTOR OPPORTUNITY: Classic Brick Two-Flat Sold AS-IS AS-IS SALE PROPERTY HIGHLIGHTS: Welcome to a solid investment opportunity in Greater Grand Crossing! This classic 1923 brick two-flat offers 6 bedrooms, 2 bathrooms across two spacious 3BD/1BA units, plus a detached brick 2-car garage-all sitting on an extra-large lot with excellent bones and strong rental demand fundamentals. PROPERTY FEATURES: Two 3-bedroom, 1-bathroom units providing dual income streams Classic brick construction with timeless curb appeal and long-term durability Detached brick 2-car garage offering additional storage or parking income potential Oversized lot (33x125) providing expansion possibilities and valuable outdoor space Full unfinished basement ready for finishing or additional storage 14 total rooms across both units offering excellent rental value Prime location with convenient access to I-90/94, CTA Red Line, shopping, dining, and parks INVESTMENT POTENTIAL: This property is priced to provide room in your budget for value-add improvements. Greater Grand Crossing offers strong rental demand with accessibility to downtown, major transportation corridors, and neighborhood amenities. The dual-unit configuration is perfect for: Buy-and-hold investors seeking steady cash flow House hackers looking to live in one unit and rent the other Value-add investors ready to renovate and reposition Portfolio builders adding performing multi-family assets LOCATION ADVANTAGES: Situated in Greater Grand Crossing with excellent connectivity to downtown Chicago, CTA public transportation, local schools, parks, and shopping. The neighborhood provides an ideal combination of affordability and accessibility for tenants and investors alike. Property condition & terms: sold strictly as-is. Property is being sold in its current condition without warranties, guarantees, repairs, or representation as to accuracy of information provided. Buyer is responsible for all inspections, due diligence, and verification of property details. Seller will not provide any repair credits or make improvements prior to closing. This AS-IS pricing allows sophisticated investors to acquire below replacement cost with built-in equity potential. Updates and cosmetic improvements will immediately increase rental rates and overall property value. FINANCING SOLUTIONS AVAILABLE: Listing agent is a dual-licensed Real Estate Broker AND Mortgage Loan Officer (NMLS #2514797), offering multiple financing pathways including conventional, FHA, VA, portfolio loans, and DSCR investor financing. PROPERTY DETAILS: Year Built: 1923 Property Type: Two-Flat Multi-Family Total Bedrooms: 6 (3 per unit) Total Bathrooms: 2 (1 per unit) Lot Dimensions: 33 x 125 Basement: Full, Unfinished Garage: Detached Brick 2-Car Exterior: Brick Utilities: Separate (tenant-paid) Property Taxes: $4,640 (2023). The TV Show Chicago PD is filming an episode from 01/12/2026-01-15-2026 so we are off the market until 01/16/2026...
  1. Listed by Henry Jones • Manifest Homes Corporation
    P: (708)-926-1591 brokerjones@outlook.com
  2. Listed by Jeremiah Jones • Manifest Homes Corporation
    P: (708)-813-9059 C: (708)-793-6209 brokerjeremiahj@gmail.com

Property Details for 7236 South Michigan Avenue

Area
CHI - Greater Grand Crossing
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Other
LISTING UPDATED: 02/01/2026 02:09 PM

Property Details for 7236 South Michigan Avenue

StatusPending
MLS #12536649
Days on Market15
Taxes$4,575 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1923
Lot Size0.12 AC / 5,214 SF
CountyCook County

Location

Listing Courtesy of Manifest Homes Corporation
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Building Information for 7236 South Michigan Avenue

Stories-Residences2Year Built1923Building Size-Lot Size0.12 AC / 5,214 SF

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Principal and Interest

$1,217

Property Taxes

$381

HOA Dues

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Property Information for 7236 South Michigan Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Basement Type: Partially Finished, Full
  • Bedrooms Possible: 6
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 33X158
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Construction: Brick
  • General Information: Commuter Bus,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 7200
  • East Coordinate: 100
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2026-01-07T16:55:15
  • Photos Count: 15
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: NONE
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: NONE

Property History for 7236 South Michigan Avenue

DateEvent & SourcePriceAppreciation
Jan 9, 2026

Pending

MRED #12536649

Dec 26, 2025

Listed (Active)

MRED #12536649

$249,700
Oct 30, 2025

Sold

MRED #12340154

$134,400
Sep 11, 2025

Pending

MRED #12340154

Sep 11, 2025

Contingent

MRED #12340154

Aug 29, 2025

Price Change

MRED #12340154

$180,500
May 5, 2025

Listed (Active)

MRED #12340154

$190,000
Apr 28, 2025

Pending

MRED #12340154

Apr 28, 2025

Contingent

MRED #12340154

Apr 16, 2025

Listed (Active)

MRED #12340154

$190,000
Feb 2, 2024

Cancelled

MRED #11958949

$200,000
Jan 30, 2024

Price Change

MRED #11958949

$223,250
Jan 30, 2024

Listed (Active)

MRED #11958949

$235,000
DateEvent & SourcePrice
01/09/2026

Pending

MRED #12536649

12/26/2025

Listed (Active)

MRED #12536649

$249,700
10/30/2025

Sold

MRED #12340154

$134,400
09/11/2025

Pending

MRED #12340154

09/11/2025

Contingent

MRED #12340154

08/29/2025

Price Change

MRED #12340154

$180,500
05/05/2025

Listed (Active)

MRED #12340154

$190,000
04/28/2025

Pending

MRED #12340154

04/28/2025

Contingent

MRED #12340154

04/16/2025

Listed (Active)

MRED #12340154

$190,000
02/02/2024

Cancelled

MRED #11958949

$200,000
01/30/2024

Price Change

MRED #11958949

$223,250
01/30/2024

Listed (Active)

MRED #11958949

$235,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7236 South Michigan Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Charter - K to 12
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Chicago International Charter School
CharterK to 12

Jefferson Alt High School
Public6 to 12

Englewood STEM High School
Public9 to 12

York Alternative High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Manifest Homes Corporation

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/01/2026 02:09 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.