7840 Cronin Ave

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

Description

Fully Leased, Cash-Flowing 2-Flat in Justice, IL Well-maintained and fully leased 2-flat in Justice, IL, offering immediate cash flow and long-term investment potential. This income-producing multi-unit property features a total of 9 rooms across two spacious units, making it attractive to a wide tenant pool and ideal for steady rental demand. The first-floor unit offers a 1 bedroom, 1 bathroom layout with generously sized living spaces. The second-floor unit features three large rooms and 1 bathroom,...Fully Leased, Cash-Flowing 2-Flat in Justice, IL Well-maintained and fully leased 2-flat in Justice, IL, offering immediate cash flow and long-term investment potential. This income-producing multi-unit property features a total of 9 rooms across two spacious units, making it attractive to a wide tenant pool and ideal for steady rental demand. The first-floor unit offers a 1 bedroom, 1 bathroom layout with generously sized living spaces. The second-floor unit features three large rooms and 1 bathroom, with ample space for a combined kitchen/dining area and living room. The kitchen has been recently renovated, enhancing tenant appeal and reducing near-term capital expenses. Both units feature hardwood flooring throughout the main living areas, with newer carpeting in the bedrooms. Additional highlights include a massive backyard, a two-car detached garage, driveway parking, and ample free street parking-key amenities that support tenant retention and rental stability. Conveniently located near Archer Road with easy access to I-55, this property benefits from strong commuter access and consistent rental demand. Solid opportunity for investors seeking a stabilized asset with immediate income and upside potential. AS-IS Condition
  1. Listed by Heba Rashed • Kawash Group
    P: (708)-821-6713 hiba@kawashgroup.com

Property Details for 7840 Cronin Avenue

Area
Justice
Township
Lyons
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
6.0
Heat/Fuel
Natural Gas, Forced Air
LISTING UPDATED: 01/28/2026 03:16 AM

Property Details for 7840 Cronin Avenue

StatusNew
MLS #12554882
Days on Market3
Taxes$11,509 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1971
Lot Size0.22 AC / 9,750 SF
CountyCook County

Location

Listing Courtesy of Kawash Group
Add your commute

Building Information for 7840 Cronin Avenue

Stories-Residences2Year Built1971Building Size-Lot Size0.22 AC / 9,750 SF

Payment Calculator

$3,196 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,237

Property Taxes

$959

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7840 Cronin Avenue

General Information
School Information
  • Elementary School District: 109
  • High School District: 217
  • High School: Argo Community High School
  • Middle Or Junior School District: 109
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 9
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 0
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 5
  • Basement Bathrooms: No
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2023
  • Built Before 1978: Yes
  • Age: 51-60 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 75 x 130
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Construction: Brick
  • General Information: None
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 27
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 07/26
Unit 2
  • Unit Type Actual Rent: $1,900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 01/26

Property History for 7840 Cronin Avenue

DateEvent & SourcePriceAppreciation
Jan 26, 2026

Listed (Active)

MRED #12554882

$459,000
Nov 8, 2024

Sold

MRED #12146200

$420,000
Nov 4, 2024

Sold (Public Record)

Public Record #1545807420

$420,000

+7.1% / yr

Oct 4, 2024

Pending

MRED #12146200

Oct 4, 2024

Contingent

MRED #12146200

Sep 18, 2024

Price Change

MRED #12146200

$449,900
Aug 23, 2024

Listed (Active)

MRED #12146200

$459,000
May 29, 2014

Sold (Public Record)

Public Record #416091856

$205,000

-5.1% / yr

May 29, 2014

Sold

MRED #08496336

$205,000
Apr 2, 2014

Pending

MRED #08496336

Dec 2, 2013

Listed (Active)

MRED #08496336

$239,900
Oct 31, 2008

Sold (Public Record)

Public Record #258923593

$275,000
DateEvent & SourcePrice
01/26/2026

Listed (Active)

MRED #12554882

$459,000
11/08/2024

Sold

MRED #12146200

$420,000
11/04/2024

Sold (Public Record)

Public Record #1545807420

$420,000

+7.1% / yr

10/04/2024

Pending

MRED #12146200

10/04/2024

Contingent

MRED #12146200

09/18/2024

Price Change

MRED #12146200

$449,900
08/23/2024

Listed (Active)

MRED #12146200

$459,000
05/29/2014

Sold (Public Record)

Public Record #416091856

$205,000

-5.1% / yr

05/29/2014

Sold

MRED #08496336

$205,000
04/02/2014

Pending

MRED #08496336

12/02/2013

Listed (Active)

MRED #08496336

$239,900
10/31/2008

Sold (Public Record)

Public Record #258923593

$275,000

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

Public Records for 7840 Cronin Avenue

Taxable ValueLand$5,606Additions$31,593Total$37,199
Tax Record2023$11,509 ($959 / month)
Home Facts
Baths2Total Finished SqFt2,873 SqFtAbove Grade Finished SqFt2,873 SqFtStories1Lot Size9,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1970CountyCOOKAPN18-27-407-017

Schools near 7840 Cronin Avenue

This home is within Argo Chsd 217 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Frank A Brodnicki Elementary School
PublicK to 6

Geo T Wilkins Jr High School
Public7 to 8

Argo Community 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.

Similar Homes

Similar Sold Homes

7840 Cronin Avenue is a multi-family home for sale in Justice, IL 60458. This property was listed for sale on January 26, 2026 by Kawash Group, it's currently listed at $459,000. It has been on the market for a total of 3 days and was last sold on November 8, 2024. This listing's school districts are Indian Springs School District 109, Argo Chsd 217 School District. Nearby schools include Frank A Brodnicki Elementary School, Geo T Wilkins Jr High School and Argo Community High School. 7840 Cronin Avenue is a 5-bed, 2-bath, multi-family home built in 1971.

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 Kawash Group

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 01/28/2026 03:16 AM. 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.