7722 S Essex Avenue

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$440,000

7722 S Essex Avenue

9 Beds 3 Baths

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Description

Owner is doing a 1031 tax exchange to acquire a larger property. The property is phenomenal with great tenants and low expenses. Both tenants are long term tenants. With simple updating similar apartments in the area are renting for $1,450 a month on the low end. 3 Large 3 Bedroom 1 Bath apartments at nearly 1,100 sq. ft each. Coin operated laundry in the building. House Hacking this property will be a breeze. This property helped elevate the past two owners to larger properties, because it is such a solid building and you could be next!

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Location

7722 S Essex Avenue, Chicago, IL 60649

Status

Sold

Phillip Dixon

TITLE

Licensed Real Estate Broker

PHONE

(312) 879-9293

[email protected]

CONTACT AGENT

Kasey Taylor

TITLE

Licensed Real Estate Broker

PHONE

(708) 543-4656

[email protected]

CONTACT AGENT

Property Amenities

Interior

Total Bedrooms: 9

Area & Lot

Lot Area 3,484.8 Sq.Ft.

MLS® ID 12131803

Year Built 1925

School District 299

Architecture Styles Brownstone

Type Multi-Family

Status Sold

Exterior

Heat type Natural Gas, Forced Air

Water Source Lake Michigan, Public

Sewer Public Sewer

Other Exterior Features Balcony

Parking Off Alley

Roof Tar and Gravel

Finance

Sales Price $440,000

Real Estate Tax $3,600 yearly

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South Shore

41.7663° N, 87.5665° W

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$440,000

7722 S Essex Avenue

Description

Share Property

Location

Status

Phillip Dixon

Kasey Taylor

Property Amenities

Interior

Area & Lot

Exterior

Finance

Featured Properties

$1,125,000

$305,000

$210,000

$197,000

$4,850/mo

South Shore

Work With Us

Get in Touch

Contact Details