7716-18 S East End Avenue, Chicago, IL
  • $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
  • Price $1,175,000
  • Year Built 1929
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 20253170240000
  • MLS Status New
  • Cumulative Days On Market 1
  • Tax Annual Amount 16385
  • Directions Stony Island Avenue to 79th Street, east to East End Avenue, then north to the property.
  • LotSizeSquareFeet 6599
  • StoriesTotal 4
  • Address 7716-18 S East End Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60649
  • Country United States

Overview

Property ID: MRD12667434
  • Multi Family
  • Property Type
  • 1929
  • Year Built

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