7724 S Essex Avenue Chicago, IL $ 495,000
7724 S Essex Avenue
$ 495,000
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7724 S Essex Avenue

Chicago, IL, 60649
$ 495,000
Bedrooms11 Baths4.0 Sq 4,500

Monthly Estimate*

$ 3,048

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Multi-Family Home for sale in Chicago, IL

for $495,000 with 11 bedrooms and 4 full baths. This 4,500 square foot home was built in 1923.

Turnkey investment or House hack opportunity! This all-brick 3-flat was fully gut renovated in 2020 with new plumbing, electrical, furnaces, and separately metered utilities for each unit. Features two 3 bed / 1 bath units (over 1,500 sq ft each) and a 5 bed / 2 bath duplex, ideal for strong rental income or owner-occupancy. Recent updates include new roof (2021), drain tile (2021), and newer rear staircase built to city code. Located near transportation and shopping. High cash flow potential with minimal maintenance. Sold as-is due to minor cosmetic repairs needed. Easy to show-schedule your showing today!

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Multi-Family Active

Price

$ 495,000

Bedrooms

11

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,476

Style

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12633005

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Construction Materials Brick
Year Built 1923
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 15
Status New
Directions YATES TO 77TH EAST TO ESSEX
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 7476.89
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 11
Total Baths 4
Bedrooms Possible 11
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 35x125
Waterfront Y/N N
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* Excluded Features
List By
Kale Realty

Broker

sunshynerealtygroup@gmail.com

Email

Affordability Calculator

$3,671
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,048
Monthly Property Taxes
$623
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/30/2026$495,000 Listed Price

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7724 S Essex Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $495,000 with 4,500 sqft. 7724 S Essex Avenue has 11 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 60649 which is in Chicago, IL