7808 South Greenwood Avenue

Chicago, IL 60619

$400,000
Price
11
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Step inside this recently rehabbed brick 3-unit property at 7808 S Greenwood, perfectly situated near the vibrant Grand Crossing Park. With modern updates and a strategic location, this investment opportunity combines comfort with convenience, making it an excellent choice for both tenants and investors. The property has been beautifully remodeled, as shown in the photos, and the current investor is already enjoying solid rents from this desirable location. Whether you're an investor or looking for...Step inside this recently rehabbed brick 3-unit property at 7808 S Greenwood, perfectly situated near the vibrant Grand Crossing Park. With modern updates and a strategic location, this investment opportunity combines comfort with convenience, making it an excellent choice for both tenants and investors. The property has been beautifully remodeled, as shown in the photos, and the current investor is already enjoying solid rents from this desirable location. Whether you're an investor or looking for an owner-occupied property, this stunning brick 3-unit offers both a smart investment and a great place to call home. With a cap rate hovering around 12% and rental income around $4k a month this Beautiful property is a money maker!
  1. Listed by Thomas Sweeney • Baird & Warner

Property Details for 7808 South Greenwood Avenue

Area
CHI - Greater Grand Crossing
Subdivision
Cornell
Township
Hyde Park
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas
LISTING UPDATED: 10/16/2024 11:34 AM

Property Details for 7808 South Greenwood Avenue

StatusActive
MLS #12183122
Days on Market25
Taxes$6,012 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built2010
Lot Size0.07 AC / 3,136 SF
CountyCook County

Building Information for 7808 South Greenwood Avenue

Stories-Residences3Year Built2010Building Size-Lot Size0.07 AC / 3,136 SF

Property Information for 7808 South Greenwood Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: false
  • Parking Ownership: N/A
Property Information
Interior Features
  • Num Of Rooms: 23
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 11
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2022
  • Built Before 1978: No
  • Age: 11-15 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 0.072
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 7808
  • East Coordinate: 1100
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 0
  • Photos Count: 14
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $48,120.00
  • Insurance Expense: $3,616.00
  • Insurance Expense Source: Actual
  • Water Expense Source: Actual
  • Water Sewer Expense: $2,090.00
Unit 1
  • Unit Type Actual Rent: $1,260.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 1/24
Unit 3
  • Unit Type Actual Rent: $1,350.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 10/23

Property History for 7808 South Greenwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7808 South Greenwood Avenue

Taxable ValueLand$3,437Additions-Total$3,437
Tax Record2019$691 ($58 / month)
Home Facts
Beds0Lot Size3,125 SqFtStyleResidentialCountyCOOKAPN20-26-322-024

Schools near 7808 South Greenwood Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 6 to 12
Rating
School
Distance
Avalon Park Elementary School
PublicPK to 8

Hirsch Metropolitan High School
Public9 to 12

CICS Avalon
CharterK to 8

Gary Comer College Prep
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7808 South Greenwood Avenue is a multi-family home for sale in Chicago, IL 60619. This property was listed for sale on October 8, 2024 by Baird & Warner, it's currently listed at $400,000. This listing's school district is Chicago Public Schools. Nearby schools include Avalon Park Elementary School, Hirsch Metropolitan High School and CICS Avalon. 7808 South Greenwood Avenue is a 11-bed, 6-bath, multi-family home built in 2010.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 10/16/2024 11:34 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.