7846 S Bennett Avenue Chicago, IL $ 340,000
7846 S Bennett Avenue
$ 340,000
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7846 S Bennett Avenue

Chicago, IL, 60649
$ 340,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 2,121

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Multi-Family Home for sale in Chicago, IL

for $340,000 with 5 bedrooms and 2 full baths. This home was built in 1922.

Investor Opportunity - Three-Unit Potential Welcome to 7846 S Bennett Ave, an income-generating brick multi-unit located on a quiet residential block in Chicago's South Shore neighborhood. This property currently features two occupied units producing rental income plus an unfinished basement with potential to be converted into a third unit-a prime value-add opportunity for investors. Investment Highlights: * Three-Unit Potential: Two units are tenant-occupied, providing immediate cash flow. Basement is ready for build-out to add a third income stream. * Updated Features: Kitchens and baths have been refreshed, hardwood floors preserved, and layouts offer spacious living/dining areas. * Parking Advantage: Two-car detached garage increases rental appeal. * Location: Steps from CTA bus routes and the Metra Electric 79th St. station. Minutes from the lakefront, South Shore Cultural Center, local parks, shopping, and dining. Why Investors Will Love It: This property offers both stability and upside: current income with room to grow. Renovate the lower level to maximize NOI, or hold as-is with long-term tenants in place. Whether you're expanding your portfolio or entering the South Shore rental market, 7846 S Bennett is a solid addition.

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Multi-Family Contingent

Price

$ 340,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,964

Style

Bi-Level

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12423939

Features
General
Sewer Public Sewer
Heating Natural Gas Radiator(s)
Possession Closing
Roof Flat
Garage Spaces 2
Architectural Style Bi-Level
Construction Materials Brick
Year Built 1922
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 11
Status Contingent
Directions 79th Street east or west to Bennett Avenue. North to address.
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 2964.41
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions LESS THAN .25 ACRE
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

kelsey.kyser@bairdwarner.com

Email

Affordability Calculator

$2,368
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,121
Monthly Property Taxes
$247
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2025$340,000 Listed Price

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7846 S Bennett Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $340,000. 7846 S Bennett Avenue has 5 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 60649 which is in Chicago, IL