7716-18 S East End Avenue, Chicago, IL 60649
- $1,175,000
Description
7716-18 S. East End Avenue is a 16-unit multifamily in Chicago’s South Shore neighborhood. The offering consists of a well-maintained walk-up building comprised entirely of spacious one-bedroom units, providing an efficient and highly leasable unit mix. This investment presents a clear and executable value-add opportunity to significantly increase revenue through improved management and leasing, along with strategic unit renovations to capture market rents. Approximately one-third of the units have already received cosmetic upgrades, allowing a new owner to continue a proven renovation program and drive rental growth across the remaining units. In addition to strong in-place income, the property benefits from an on-site laundry facility, offering additional revenue potential and enhanced tenant appeal. With below-market rents, a straightforward operational upside, and a desirable location near the lakefront, this asset offers investors the opportunity to quickly unlock value and generate meaningful returns in one of Chicago’s most established and accessible neighborhoods.
- Listing Courtesy of: Essex 312, LLC
Details
Updated on June 4, 2026 at 11:14 pm-
Property ID MRD12667434
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Price $1,175,000
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Year Built 1929
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Property Type Multi Family
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Property Status Active
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Parcel Number 20253170240000
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MLS Status New
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Cumulative Days On Market 1
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Tax Annual Amount 16385
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Directions Stony Island Avenue to 79th Street, east to East End Avenue, then north to the property.
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LotSizeSquareFeet 6599
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StoriesTotal 4
Address
Open on Google Maps- Address 7716-18 S East End Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60649
- Country United States
Overview
- Multi Family
- 1929
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