Active
7611 S Essex Avenue, Chicago, IL
  • $550,000
  • $570,000

Description

Six 3BR/2BA units | 5/6 units occupied | rents $1,150-$1,700/mo | 2025 rent income $81,418 | NOI ~$38,500 | Current rents below market with clear upside as leases roll. Solid brick building, hardwood floors throughout, gated front yard, on-site parking. City violations on record – all repair work completed by seller in 2025; re-inspection pending only, no repair cost to buyer. Strong in-place income with value-add upside. Sold as-is. Proof of funds required.

  • Listing Courtesy of: Marblestone Property Group LLC

Details

Updated on June 28, 2026 at 5:21 pm
  • Property ID MRD12626942
  • Price $550,000
  • Year Built 1926
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 21303090020000
  • MLS Status Active
  • Co List Agent MLS ID MRD1016208
  • Days On Market 66
  • Cumulative Days On Market 54
  • Tax Annual Amount 10520.08
  • Cooling None
  • Directions Essex North from 79TH ST
  • LotSizeSquareFeet 7440
  • StoriesTotal 3
  • Zoning MULTI

Address

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  • Address 7611 S Essex Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60649
  • Country United States

Overview

Property ID: MRD12626942
  • Multi Family
  • Property Type
  • 1926
  • Year Built

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