7544 S Essex Avenue, Chicago, IL, 60649

$399,000

9

Beds

0.08

Acres

About 7544 S Essex Avenue

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.

Additional Information: This property is located in the CHI - South Shore neighborhood, IL. This 9 bedrooms two to four units property is priced at $399,000.

Facts & Features

MLS® # 12724446
Price $399,000
Bedrooms 9
Bathrooms 0.00
Taxes $6,469
Acres 0.08
Year Built 1927
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 7544 S Essex Avenue
Area CHI - South Shore
City Chicago
County Cook
State IL
Zip Code 60649

Amenities

Parking Spaces 3
Parking Yes, Detached, Garage
# of Garages 3
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Partially Finished, Full

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 1
Zoning MULTI
Foreclosure No
Short Sale Yes
RE / Bank Owned No
Taxes $6,469

Listing Details

OfficeCentury 21 IMPACT

Listing Map

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