BEDS0
BATHS
MLS#12667434
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
7716-18 S. East End Avenue is a 16-unit multifamily in Chicago's South Shore neighborhood. The offering consists of a well-maintained walk-up building comprised entirely of spacious one-bedroom units, providing an efficient and highly leasable unit mix. This investment presents a clear and executable value-add opportunity to significantly increase revenue through improved management and leasing, along with strategic unit renovations to capture market rents. Approximately one-third of the units have already received cosmetic upgrades, allowing a new owner to continue a proven renovation program and drive rental growth across the remaining units. In addition to strong in-place income, the property benefits from an on-site laundry facility, offering additional revenue potential and enhanced tenant appeal. With below-market rents, a straightforward operational upside, and a desirable location near the lakefront, this asset offers investors the opportunity to quickly unlock value and generate meaningful returns in one of Chicago's most established and accessible neighborhoods.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.15 Acres
Stories: 4.0
Taxes: $16,385
Year Built: 1929
Feature Descriptions
HVAC: Radiators
Lot Dimensions: 6,599 SF
Parcel#: 20253170240000
Units: 16
Listed By / Shown By
Listed By
Agency Name: Essex 312, LLC
Agency Phone: 773-305-4858
Shown By
Agent Name: Vikki Turnmire
Agent Phone: (815) 608-7229 Cell
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 7,045.34 per month $5,337.22 Principal & Interest $1,365.42 Property Tax $342.71 Homeowner's InsuranceChange Payment Information
Vikki Turnmire
Office: (815) 282-2222 ext. 1439
Cell: (815) 608-7229
Fax: (815) 282-2268
Office: (815) 282-2222
Direct : (815) 608-7229
Direct-Cell Phone: (815) 608-7229
Voice Mail: (815) 608-7229
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7716-18 S East End Avenue | MLS# 12667434
This multi-family property located at 7716-18 S East End Avenue , Chicago, IL 60649 is currently listed for sale with an asking price of $1,175,000. Search Chicago real estate on vturnmire.gogambino.com today.