$825,000
7900 S Merrill Avenue
Chicago, IL, 60649
The property is a 15-unit corner courtyard apartment building located in Chicago’s South Shore neighborhood. Spacious 2-bedroom & 1 bath units. Multiple units have been renovated. Ten out of the fifteen are occupied. Current rents are below market rate. Great investment with some improvement needed. Newer windows were installed around 2015, and a new boiler system was installed in 2023. Each unit has individual circuit breakers. There is a full basement with a maintenance storage room. Eleven parking spaces behind the building. The owner is selling “as is”.
Property Details
Price:
$825,000
MLS #:
MRD12432695
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – South Chicago
Listed Date:
Jul 29, 2025
Year Built:
1960
Schools
Interior
Exterior
Construction Materials
Brick
Roof
Composition
Financial
Maintenance Fee
$7,500
Tax Year
2023
Taxes
$21,015
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 Sep 02, 2025
1,066
Commercial Listed
164
Avg DOM
148
Avg $ / SqFt
$1,045,372
Avg List Price
Community
- Address7900 S Merrill Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60649
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Property Summary
- 7900 S Merrill Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $825,000 To schedule a showing of MLS#mrd12432695 at 7900 S Merrill Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
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7900 S Merrill Avenue
Chicago, IL
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