7947 South Escanaba Avenue

Chicago, IL 60617

$387,000
Last Sold Price
9
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Perfect way to start the year, instant rental income! Attention... Investors Looking For Instant ROI... Look No Further! If You Want To Score - Airbnb (average $300-$500 per night for area) It! There's Unbelievable Income Potential! Also, YOU Can LIVE IN IT FOR FREE WHILE TENANTS TAKE CARE OF EXPENSES in remaining units -1ST & 2ND FLOOR UNITS ARE VACANT! You Decide Which Option Works Best for You. It's Turn key Ready To Meet Your Goals! This Like New (less then 20 yrs old)-Partially Leased Southshore...Perfect way to start the year, instant rental income! Attention... Investors Looking For Instant ROI... Look No Further! If You Want To Score - Airbnb (average $300-$500 per night for area) It! There's Unbelievable Income Potential! Also, YOU Can LIVE IN IT FOR FREE WHILE TENANTS TAKE CARE OF EXPENSES in remaining units -1ST & 2ND FLOOR UNITS ARE VACANT! You Decide Which Option Works Best for You. It's Turn key Ready To Meet Your Goals! This Like New (less then 20 yrs old)-Partially Leased Southshore Building Has Finishes That Don't Disappoint & It's a couple of minutes from the beach - Lake Michigan! You won't have to worry about common things (plumbing, electrical, roof-replaced in 2021 , etc.) that wear out with those so called "totally rehabbed" - 100 year old buildings. This GIGANTIC - BRICK 3 UNIT Building has 3 BEDROOMS in each unit, 1 BATH AND - An IN UNIT LAUNDRY HOOK UP for occupant's convenience. All Kitchens have STAINLESS STEEL APPLIANCES (REFRIGERATOR, OVEN/RANGE STOVE AND MICROWAVE). These luxury units also have individually controlled Central Air (HVAC systems). There's a combination of Hardwood & ceramic flooring, with some bedrooms that have carpeting for those that prefer. The Third FLOOR unit has INCREDIBLE SPACE WITH CATHREDAL CEILINGS, with a PRIVATE ENTRANCE from the main hallway that gives a duplex/penthouse feel. All units have individual Rear Deck Areas perfect for responsible entertaining considering the back porch system is STEEL. This is a GREAT INVESTMENT FOR RENTAL INCOME (market could yield more then currently receiving based on current rents), Airbnb OR A CONDO CONVERSION! Low taxes! In this low inventory, high demand market this won't last. HURRY FOR YOUR CHANCE TO OWN THIS, Schedule your showing NOW!
  1. Listed by Curtis Brady • CCB Realty Group, LLC

Sold By Greensafe Real Estate & Consult

Property Details for 7947 South Escanaba Avenue

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

Location

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LISTING UPDATED: 05/07/2022 01:02 AM

Property Details for 7947 South Escanaba Avenue

StatusClosed
MLS #11280641
Days on Market154
Taxes$2,246 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built2006
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

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Building Information for 7947 South Escanaba Avenue

Stories-Residences3Year Built2006Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$2,299 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,112

Property Taxes

$187

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7947 South Escanaba Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Off Alley
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 17
  • Bedrooms (Below Grade): 0
  • Community Features: Lake, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 9
  • Basement Description: Other
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Balcony, Patio, Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 16-20 Years
  • Lot Size: .50-.99 Acre
  • Lot Dimensions: 25X125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Flat
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 7947
  • East Coordinate: 2910
  • West Coordinate: 0
  • 3 Br Un In Bldg: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Public Document Count: 0
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 00/00
Unit 2
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 00/00
Unit 3
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 06/22

Property History for 7947 South Escanaba 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 7947 South Escanaba Avenue

Taxable ValueLand$3,107Additions$22,893Total$26,000
Tax Record2022$5,348 ($446 / month)
Home Facts
Baths4.5Total Finished SqFt3,501 SqFtAbove Grade Finished SqFt3,501 SqFtStories3Lot Size3,107 SqFtStyleMulti-Family Res (5+ Units)Year Built2009CountyCOOKAPN21-31-202-053

Schools near 7947 South Escanaba 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 - 4 to 12
Charter - 9 to 12
Rating
School
Distance
CAMELOT SAFE ACADEMY SCHOOL
Public4 to 12

Epic Academy High School
Charter9 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

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Similar Sold Homes

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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 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.

Listing Courtesy of CCB Realty Group, LLC

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. Based on information submitted to the MLS GRID as of 05/07/2022 01:02 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.