7844 S Greenwood Avenue
Chicago, IL, 60619 $ 310,000
Bedrooms6 Baths4.2 Sq 2,000 Monthly Estimate*
$ 1,957
for $310,000 with 6 bedrooms and 4 full baths, 2 half baths. This 2,000 square foot home was built in 1921.
Welcome to 7844 S Greenwood Ave, Chicago, IL, a spacious 2-flat for sale in Greater Grand Crossing offering an excellent opportunity for real estate investors, owner-occupants, house hackers, and buyers searching for a Chicago multi-family property with rental income potential. This South Side Chicago 2-flat features two spacious 3-bedroom units, each offering nearly 1,000 square feet of living space with bright, sun-filled living rooms, attractive flooring, functional layouts, and in-unit laundry, making the property appealing for tenants, extended families, or buyers looking to live in one unit while generating rental income from the other. Recent improvements add additional value, including a partially repaired roof in 2026, a new rear deck installed in 2026, a replaced gate in 2026, and a basement furnace that is approximately one year old. The property also features a private backyard, two dedicated exterior parking spaces, ample free street parking, and an unfinished basement with separate exterior access that provides valuable storage space and potential future value-add opportunities, subject to applicable Chicago zoning, building codes, and permitting requirements. Located in Greater Grand Crossing on Chicago's South Side, 7844 S Greenwood Ave offers convenient access to the 79th Street/Chatham Metra Electric Station, CTA bus routes, I-90, and the Chicago Skyway, providing easy access throughout Chicago and surrounding areas. Nearby destinations include Grand Crossing Park, the South Shore Cultural Center, the University of Chicago, shopping, restaurants, medical facilities, schools, and everyday neighborhood amenities. Whether you're searching for a Chicago 2-flat for sale, Greater Grand Crossing multi-family home, Chicago investment property, income-producing property, house hacking opportunity, rental property, or South Side Chicago real estate investment, 7844 S Greenwood Ave offers a strong combination of space, rental income potential, recent improvements, parking, commuter access, and long-term value-add potential. Schedule your private showing today and discover the possibilities at 7844 S Greenwood Ave in Greater Grand Crossing, Chicago.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing Immediate Negotiable Specific Tenant's Rights Other
Roof Flat
Zoning MULTI
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1921
Township Hyde Park
Tax Year 2025
Ownership Fee Simple
Community Features Park Gated Sidewalks Street Lights Street Paved Other
County Cook
Net Operating Income 32800
New Construction N
Property Type Residential Income Two to Four Units
Other Structures On Street
Total Rooms 10
Status New
Directions From E 79th St turn north onto S Greenwood Ave; 7844 S Greenwood Ave will be less than one block ahead
City Chicago
High School District 299
MLS Area CHI - Greater Grand Crossing
Tax Annual Amount 2271.83
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Unfinished Exterior Entry Storage Space Partial Walk-Out Access
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 2
Total Number of Units 2
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ExteriorExterior Amenities Other Lighting
Parking Features Off Alley On Street Additional Parking Alley Access Other Yes
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 3125
Waterfront Y/N N
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* Excluded FeaturesList ByRealty Of America, LlcBroker
Lance.Ellazar@realtyofamerica.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,957
- Monthly Property Taxes
- $189
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $640,408
Percent of Sale Price 107%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $310,000 | | Listed Price |