7047 S Clyde Avenue
Chicago, IL, 60649
$499,900
11 Beds
7 Baths
0 SqFt
0 Acres
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$499,900
7047 S Clyde Avenue
Chicago, IL, 60649
MLS #MRD12534888 image #0MLS #MRD12534888 image #1MLS #MRD12534888 image #2MLS #MRD12534888 image #3MLS #MRD12534888 image #4MLS #MRD12534888 image #5MLS #MRD12534888 image #6MLS #MRD12534888 image #7MLS #MRD12534888 image #8MLS #MRD12534888 image #9MLS #MRD12534888 image #10MLS #MRD12534888 image #11MLS #MRD12534888 image #12MLS #MRD12534888 image #13MLS #MRD12534888 image #14MLS #MRD12534888 image #15MLS #MRD12534888 image #16MLS #MRD12534888 image #17MLS #MRD12534888 image #18MLS #MRD12534888 image #19MLS #MRD12534888 image #20MLS #MRD12534888 image #21
VALUE-ADD 6-UNIT MULTIFAMILY | PRIME SOUTH SHORE LOCATION This 6-unit multifamily investment sits in the heart of South Shore, directly across from the Metra Electric Line and steps from the Fresh Market retail corridor, providing exceptional transit access and walkability-key drives tenant demand. South Shore continues to experience significant public and private investment, anchored by the upcoming Obama Presidential Library (opening June 2026), along with surrounding infrastructure, retail, and residential development that is accelerating neighborhood appreciation and rental growth. The property features six oversized 2-bedroom / 1-bath units, each offering sunrooms, separate living and dining rooms, large kitchens with pantries, and well-sized bedrooms-layouts that outperform smaller unit configurations and support strong rent growth. Unit sizes and layouts are ideal for repositioning through light to moderate renovations. The expansive rear yard provides a clear opportunity to add parking, creating additional income and enhancing tenant appeal-an uncommon value-add feature for the area. This asset presents a compelling value-add opportunity with upside through…..Market rent increases…Interior unit upgrades Potential parking income…And Long-term appreciation driven by major nearby development, Ideal for investors seeking stable cash flow today with meaningful upside tomorrow in one of Chicago’s most actively revitalizing lakefront-adjacent neighborhoods.

Property Details

Price:
$499,900
MLS #:
MRD12534888
Status:
Active
Beds:
11
Baths:
7
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
Dec 23, 2025
Year Built:
1918
Chi – South ShoreChisouthshore

Schools

Interior

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$25,248
Tax Year
2024
Taxes
$6,412
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Dec 27, 2025
1,015
Commercial Listed
193
Avg DOM
159
Avg $ / SqFt
$1,058,051
Avg List Price

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Property Summary

    7047 S Clyde Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $499,900 To schedule a showing of MLS#mrd12534888 at 7047 S Clyde Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7047 S Clyde Avenue
Chicago, IL