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7841 S Essex AVE Chicago, IL 60649
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Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 7,972 sqft
Price per Sqft $29
MLS Listing ID 11264726
Year Built 1929
Annual Tax Amount $4,277
Tax Year 2020
Lot Size 5,227 Sqft
Property Sub-Type Multi Family 5+
Property Description
Great rehab project for an experienced investor or developer. 6 unit building with 2 bedrooms & 1 bathroom in the basement (seller & broker do not warrant the legality of this space.) Building is in need of a full renovation. There is a new roof and a couple of units have been partially demoed. Current layout of the units is 2 bed 1 bath, but seller has drawings for a 3 bedroom 1.1 bath plus in unit laundry. Front and backyards are fully fenced. Currently no garage/parking but there is space in the back if you'd like to add a parking pad. Estimated rent for renovated 2 bedrooms-$1,000-$1,150 and for 3 bedrooms- $1,200-$1,350. Sold As-Is
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Building
Structure Type Brick
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Bought with Emily Connolly • Exit Strategy Realty
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