Hang on a second...
USDAProperties.com is coming up with an answer for you...

 

 

 

$495,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
7829 S Essex Ave
Chicago, IL 60649
12 bed 6 bath 4,800 SqFt ($103/SqFt)
Built 1924
Listed 2024-05-03, Taxes $4,047
Ⓧ USDA Ineligible
due to location

near Chicago

Introducing a Prime Investment Opportunity in South Shore!

* Has Contingent Offer *

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 k itchen, 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 fr 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.


Presented by Jennifer Bustillo at
COMPASS.
Listing Agent Photo

Property MLS #12046919 from MRED

Bedrooms: 12
Bedrooms Possible: 12

Total Rooms: 18
Basement Features: Full, Walkout
Basement Description: Partially Finished, Exterior Access, Bathroom Rough-In, 9 ft + pour, Storage Space

Total Bathrooms: 6
Full Bathrooms: 6

Heating Features: Natural Gas, Forced Air

Porch

Lot Description: Fenced Yard

Garage Spaces: 3
Garage Description: Detached
Parking Total: 3

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 299

Bradwell Community Arts & Sci Elementary School is a public elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Chicago Vocational Career Academy High School is a public high school located approximately 1.1 miles away.
directions icon Map directions

South Central School is a private elementary, middle and high school located approximately 0.3 miles away.
directions icon Map directions

Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 2
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 6
Unit-1 Square Feet: 1600
Unit-2 Square Feet: 1600
Unit-3 Square Feet: 1600
Unit 1 Total Actual Rent: 1729
Unit 2 Total Actual Rent: 1600
Unit 3 Total Actual Rent: 1700

Annual Tax Amount: 3496.61
Source Listing Status: Active Under Contract
County: Cook
Directions: EAST/WEST ON 79TH STREET TO ESSEX AVE, NORTH TO ADDRESS
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 21303270050000
Township: Hyde Park
Zoning: MULTI
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2020$14,820 + $3,348
$18,168
$4,047
2019$17,298 + $3,348
$20,646
$4,148
2018$17,298 + $3,348
$20,646
$4,078
2017$15,471 + $2,976
$18,447
$3,971
2016$15,471 + $2,976
$18,447
$3,694
2015$15,471 + $2,976
$18,447
$3,380
2014$16,733 + $2,604
$19,337
$3,587
2013$16,733 + $2,604
$19,337
$3,516
2012$16,733 + $2,604
$19,337
$3,469
2011$19,118 + $3,348
$22,466
$3,640
2010$19,118 + $3,348
$22,466
$3,655
2009$21,448 + $3,348
$24,796
$3,866
2007$27,412 + $3,868
$31,280
$4,442
2006$27,412 + $3,868
$31,280
$4,490

Listing removed 2024-05-04
$0
MRED
Listed 2024-05-03
$495,000
MRED
Price Changed 2024-04-04
$499,000
MRED
Listed 2024-03-15
$514,900
MRED
Sold 2022-10-03
$445,000
MRED
Listed 2022-08-22
$449,000
MRED
Listing removed 2022-08-01
$495,000
MRED
Listing removed 2022-07-21
$495,000
MRED
Listed 2022-06-29
$495,000
MRED
Listing removed 2022-06-29
$495,000
MRED
Listed 2022-06-15
$495,000
MRED
Listing removed 2022-03-29
$190,000
MRED
Sold 2018-05-01
$295,000
Public Record
Sold 2010-08-31
$50,000
Public Record

Year Built: 1924
Foundation Details: Stone
Property Age: 100
Roof: Rubber

Sewer: Public Sewer
Water Source: Lake Michigan, Public
Click Thumbnail Images To View Full Size
house_viewliving_roomunknownliving_roomunknown
unknownunknownkitchenbedroomunknown
bedroombedroombedroomunknownbedroom
bedroombedroombedroombathroombathroom
bathroombathroomunknownlaundry_roomhouse_view
garageunknownfloor_planfloor_planfloor_plan
floor_plan

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.