7829 South Essex Avenue

Chicago, IL 60649

$499,000
Price
12
Beds
6
Baths
4,800 Sq. Ft.
$104 / Sq. Ft.
4,800
Sq. Ft.
$104
per Sq. Ft.

Description

Introducing a Prime Investment Opportunity in South Shore! This charming 3-unit building in South Shore offers the perfect blend of modern updates and convenient amenities. The first-floor unit features a recently updated kitchen, while the second and third-floor units boast updated granite counters and stainless steel appliances. Each apartment has been freshly painted, creating a bright and inviting atmosphere for residents. Building offers coin laundry, extra storage in basement with the opportunity...Introducing a Prime Investment Opportunity in South Shore! This charming 3-unit building in South Shore offers the perfect blend of modern updates and convenient amenities. The first-floor unit features a recently updated kitchen, while the second and third-floor units boast updated granite counters and stainless steel appliances. Each apartment has been freshly painted, creating a bright and inviting atmosphere for residents. Building offers coin laundry, extra storage in basement with the opportunity to duplex down the first unit. Additionally, the property includes a 3-car garage, providing ample parking space for tenants. Situated near the expressway and the lake, this building offers easy access to transportation and the scenic waterfront, making it an attractive location for potential tenants. Whether you're looking to invest in a thriving rental property or seeking a comfortable home with modern conveniences, this 3-unit building in South Shore presents an exciting opportunity for both investors and residents alike.

Listing Agent

Property Details for 7829 South Essex Avenue

Area
CHI - South Shore
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
3.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

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LISTING UPDATED: 04/24/2024 01:03 PM

Property Details for 7829 South Essex Avenue

StatusActive
MLS #11979724
Days on Market47
Taxes$3,497 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1924
Lot Size0.09 AC / 3,720 SF
CountyCook County

Location

Add your commute

Building Information for 7829 South Essex Avenue

Stories-Residences3Year Built1924Building Size-Lot Size0.09 AC / 3,720 SF

Payment Calculator

$3,015 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7829 South Essex Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 18
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full, Walkout
  • Bedrooms Possible: 12
  • Basement Description: Partially Finished, Exterior Access, Bathroom Rough-In, 9 ft + pour, Storage Space
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • Exterior Property Features: Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 3,720 SQ. FT.
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • Foundation Details: Stone
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 7800
  • East Coordinate: 2500
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 5
  • Document Date: 2024-02-19T14:26:51
  • Photos Count: 29
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,729.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $1,600.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 9/30
Unit 3
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 8/1

Property History for 7829 South Essex Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7829 South Essex Avenue

Taxable ValueLand$4,650Additions$12,350Total$17,000
Tax Record2022$3,497 ($291 / month)
Home Facts
Baths4.5Total Finished SqFt4,008 SqFtAbove Grade Finished SqFt4,008 SqFtStories3Lot Size3,720 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountyCOOKAPN21-30-327-005

Schools near 7829 South Essex Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Excel Academy - Woodlawn HS
Public9 to 12

CAMELOT SAFE ACADEMY SCHOOL
Public4 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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7829 South Essex Avenue is a multi-family home for sale in Chicago, IL 60649. This property was listed for sale on March 15, 2024 by Compass, it's currently listed at $499,000. It has been on the market for a total of 47 days and was last sold on October 3, 2022. This listing's school district is City Of Chicago School District 299. Nearby schools include Bradwell Community Arts & Sci Elementary School, Chicago Vocational Career Academy High School and Excel Academy - Woodlawn HS. 7829 South Essex Avenue is a 12-bed, 6-bath, 4,800 sqft multi-family home built in 1924.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.