7712 S Jeffery Boulevard Chicago IL 60649 MLS #MRD12223081

Discover a rare investment opportunity in South Shore, a massive, golden brick three-flat offering over 4,000 square feet of living space. Each spacious unit features three bedrooms, original hardwood floors, and separate living and dining rooms, providing a solid foundation for strong rental income or an owner-occupant setup. Major upgrades have already been completed, including a brand-new back porch (2025, city-approved), two new furnaces (2024), all-new copper water lines (2024), five newly installed bathtubs, and a four-year-old roof. Approximately 80% of the electrical system was updated in recent years, and two attic condensers offer the potential for central air installation. While additional renovations are needed to bring the property to its full potential, the full basement presents a huge opportunity, with 7-foot ceilings, front and rear exits, and existing plumbing, making it ideal for conversion into a legal two-bedroom, one-bath garden unit. With potential gross monthly rental income reaching $7,700 and after-repair values averaging $525,000+, this property offers significant equity upside. Additionally, the seller is currently addressing a minor furnace violation, ensuring the property will be delivered free of code violations at closing. The owner has taken key steps to set a buyer up for success, making this an ideal project for an investor or savvy homeowner looking to add value. Located just minutes from Lake Michigan, Jackson Park Golf Course, the Obama Presidential Library, public transit, and major highways, this South Shore gem is priced to sell-schedule your showing today! Property sold AS-IS.