7611 S Essex Avenue
Chicago, IL, 60649
$550,000
3 Beds
2 Baths
0 SqFt
0 Acres
Add
Add
$550,000
7611 S Essex Avenue
Chicago, IL, 60649
MLS #MRD12626942 image #0MLS #MRD12626942 image #1MLS #MRD12626942 image #2MLS #MRD12626942 image #3MLS #MRD12626942 image #4MLS #MRD12626942 image #5MLS #MRD12626942 image #6MLS #MRD12626942 image #7MLS #MRD12626942 image #8MLS #MRD12626942 image #9MLS #MRD12626942 image #10MLS #MRD12626942 image #11MLS #MRD12626942 image #12MLS #MRD12626942 image #13MLS #MRD12626942 image #14MLS #MRD12626942 image #15MLS #MRD12626942 image #16MLS #MRD12626942 image #17MLS #MRD12626942 image #18MLS #MRD12626942 image #19MLS #MRD12626942 image #20MLS #MRD12626942 image #21
Six 3BR/2BA units | 5/6 units occupied | rents $1,150-$1,700/mo | 2025 rent income $81,418 | NOI ~$38,500 | Current rents below market with clear upside as leases roll. Solid brick building, hardwood floors throughout, gated front yard, on-site parking. City violations on record – all repair work completed by seller in 2025; re-inspection pending only, no repair cost to buyer. Strong in-place income with value-add upside. Sold as-is. Proof of funds required.

Property Details

Price:
$550,000
MLS #:
MRD12626942
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
Apr 23, 2026
Year Built:
1926
Chi – South ShoreChisouthshore

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Stories
3

Financial

Maintenance Fee
$24,694
Net Operating Income
$38,529
Tax Year
2024
Taxes
$10,520
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Commercial in Chicago as of Jul 21, 2026
930
Commercial Listed
182
Avg DOM
$1,014,363
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12707191broker reciprocity
10856 S Avenue D Avenue
Chicago, IL

$700,000

4.2 miles away

broker reciprocity
MLS# MRD12610797broker reciprocity
222 E 61st Street
Chicago, IL

$700,000

3.4 miles away

broker reciprocity
MLS# MRD12654319broker reciprocity
7056 S Parnell Avenue
Chicago, IL

$695,000

3.9 miles away

broker reciprocity
MLS# MRD12638032broker reciprocity
8226 S Drexel Avenue
Chicago, IL

$695,000

2.2 miles away

broker reciprocity
MLS# MRD12621514broker reciprocity
7931 S Manistee Avenue
Chicago, IL

$654,500

0.5 miles away

broker reciprocity
MLS# MRD12136623broker reciprocity
700 E 47th Street
Chicago, IL

$650,000

4.3 miles away

broker reciprocity
MLS# MRD12371933broker reciprocity
2252 S Archer Avenue #207
Chicago, IL

$650,000

2.8 miles away

broker reciprocity
MLS# MRD12625339broker reciprocity
7721 S Colfax Avenue
Chicago, IL

$650,000

0.2 miles away

broker reciprocity
MLS# MRD12519059broker reciprocity
10835 S Western Avenue
Chicago, IL

$649,900

1.4 miles away

broker reciprocity
MLS# MRD12696253broker reciprocity
10101-21 S PARNELL Avenue
Chicago, IL

$640,000

3.9 miles away

Property Summary

    7611 S Essex Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $550,000 To schedule a showing of MLS#mrd12626942 at 7611 S Essex Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
7611 S Essex Avenue
Chicago, IL