7840-7842 South East End Avenue

Chicago, IL 60649

$849,000
Price
20
Beds
8
Baths
4
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This beautifully rehabbed 6-unit building is perfect for investors seeking an excellent addition to their portfolio. Located in the highly desirable and up-and-coming South Shore neighborhood, this property offers strong growth potential near the planned Obama Presidential Library. Each unit has been thoughtfully upgraded, featuring refinished hardwood floors, stainless steel appliances, stylish tile work in the bathrooms, recessed lighting, and the convenience of in-unit laundry. The property also...This beautifully rehabbed 6-unit building is perfect for investors seeking an excellent addition to their portfolio. Located in the highly desirable and up-and-coming South Shore neighborhood, this property offers strong growth potential near the planned Obama Presidential Library. Each unit has been thoughtfully upgraded, featuring refinished hardwood floors, stainless steel appliances, stylish tile work in the bathrooms, recessed lighting, and the convenience of in-unit laundry. The property also includes a rooftop deck and assigned garage parking, adding value for tenants. Situated close to shopping and public transportation, this building is perfectly positioned to attract renters looking for modern living in a vibrant, transforming community.
  1. Listed by Marcus Carter • Chicagoland Brokers, Inc.

Property Details for 7840-7842 South East End Avenue

Area
CHI - South Shore
Zoning
MULTI
LISTING UPDATED: 12/24/2024 08:45 AM

Property Details for 7840-7842 South East End Avenue

StatusNew
MLS #12260129
Days on Market3
Taxes$4,174 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1920
Lot Size0.15 AC / 6,652 SF
CountyCook County

Building Information for 7840-7842 South East End Avenue

Stories3Residences6Year Built1920Building Size-Lot Size0.15 AC / 6,652 SF

Property Information for 7840-7842 South East End Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Heat/Ventilation: Forced Air
  • Num of Baths: 8.4
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 6652
  • Stories: 3
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 3
  • Deconversion: Y
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $1,200.00
  • Gross Income: $136,800.00
  • Gross Scheduled Income: $136,800.00
  • Insurance Expense: $4,600.00
  • Maintenance Expense: $3,600.00
  • Total Annual Expense Source: Owner Projection
  • Janitor Expense: 0
  • Total Monthly Income: 11400
  • Net Operating Income: $115,800.00
  • Operating Expense: $21,000.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $5,400.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 7840-7842 South East End Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7840-7842 South East End Avenue

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

YCCS-Sullivan House Alt HS
Charter9 to 12

South Shore Intl Col Prep High School
Public9 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.

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7840-7842 South East End Avenue is a multi-family home for sale in Chicago, IL 60649. This property was listed for sale on December 23, 2024 by Chicagoland Brokers, Inc., it's currently listed at $849,000. This listing's school district is Chicago Public Schools. Nearby schools include Mann Elementary School, Chicago Vocational Career Academy High School and YCCS-Sullivan House Alt HS. 7840-7842 South East End Avenue is a 20-bed, 10-bath, multi-family home built in 1920.

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 Chicagoland Brokers, Inc.

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 12/24/2024 08:45 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.