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7422 S Blackstone Avenue, Chicago, IL 60619

$395,000
  • 7422 S Blackstone Avenue, Chicago, IL 60619 Main Photo

32 Photos

Active
BEDS8 BATHS3 full MLS#12732919
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Welcome to the charming, income-generating 2-unit building in South Shore offering 8 bedrooms, 3 bathrooms, and a 2-car garage with a party door. The property features a 3-bedroom upper-level unit currently rented for $1,300/month, providing immediate rental income and strong potential for growth. The first-floor unit is duplexed to the basement and offers an expansive 5-bedroom, 3-bathroom layout with spacious bedrooms, hardwood floors, and stainless steel appliances. The first-floor unit has an estimated rental potential of $2,500-$2,700/month, making this an attractive opportunity for an investor or owner-occupant looking to maximize the property's income potential. With ease of access to Obama Presidential Center, University of Chicago, Jackson Park Hospital, the Illinois Tollway, Lake Shore Drive, Metra, and several commuter bus routes including 6, 28, 71, and 75, this may be the most convenient (and attractive) choice for you and/or your future tenants. The property is being offered as-is with a premium warranty covering major systems, appliances, correction of code violations, permits and modifications. The owner will address lender-required repairs as needed to facilitate financing. This is a solid opportunity for buyers seeking space, rental income, and long-term upside in a highly coveted location. If you're serious about taking the next step, contact me to schedule your showing today.

7422 S Blackstone Avenue | MLS# 12732919

This multi-family property located at 7422 S Blackstone Avenue, Chicago, IL 60619 is currently listed for sale with an asking price of $395,000. S Blackstone Avenue is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Exterior Entry, Egress Window, Rec/Family Area, Sleeping Area, Storage Space, Walk-Up Access, Full, Walk-Out Access
Basement: Yes
Garage: 2
Heating: Natural Gas
Lot Size: 3500 sq ft
Taxes: $2,753
Year Built: 1898

Feature Descriptions

Bath Features: Separate Shower, Accessible Shower, Double Sink, Soaking Tub
Exterior: Brick
Lot Dimensions: 3500 sq ft
Other Equipment: Ceiling Fan(s), Sump Pump
Parcel#: 20262280240000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 18
Township: Hyde Park
Water: Lake Michigan, Public

Local Schools

High School: Chicago Vocational Career Acad S
Elementary School: Madison School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: Ellison Parker Realty
Agency Phone: 312-767-2617

Shown By

Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100

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Estimated Payment

$ 2,341.96 per month $1,997.33 Principal & Interest $229.42 Property Tax $115.21 Homeowner's Insurance

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