7700 S East End Avenue
Chicago, IL, 60649
$1,050,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,050,000
7700 S East End Avenue
Chicago, IL, 60649
MLS #MRD12128787 img 0MLS #MRD12128787 img 1MLS #MRD12128787 img 2MLS #MRD12128787 img 3MLS #MRD12128787 img 4MLS #MRD12128787 img 5MLS #MRD12128787 img 6MLS #MRD12128787 img 7MLS #MRD12128787 img 8
This property is the investment opportunity you’ve been looking for! All units are currently rented, with only 2 units still available, and all rents are current. The building, which consists of 16 units including 3-2 bedroom apartments and 13-1 bedroom units, is situated in South Shore, where the Obama Center is under construction, leading to significant revitalization in the area. The roof is less than 5 years old, the boiler is regularly maintained, and the hot water tank is approximately 10 years old. Additionally, there is a camera system installed on the building that will be retained. Some of the units have been renovated, and both the building and the neighborhood are peaceful and quiet. Priced to sale perfect for the investor looking for that 1031 exchange investment!

Property Details

Price:
$1,050,000
MLS #:
MRD12128787
Status:
Active
Beds:
0
Baths:
0
Address:
7700 S East End Avenue
Type:
Commercial
Neighborhood:
CHI – South Shore
City:
Chicago
Listed Date:
Aug 1, 2024
State:
IL
ZIP:
60649
Year Built:
1924

Schools

Interior

Exterior

Construction Materials
Brick
Roof
Reflective Coating

Financial

Net Operating Income
$59,615
Tax Year
2022
Taxes
$14,750
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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7700 S East End Avenue
Chicago, IL