7723 S Constance Avenue
Chicago, IL, 60649 $ 364,900
Bedrooms8 Baths3.0 Monthly Estimate*
$ 2,520
for $364,900 with 8 bedrooms and 3 full baths. This home was built in 1966.
Located on the South Shore, just steps from the lakefront, this jumbo, turnkey, move-in-ready multi-unit property is one you won't want to overlook! Buildings this clean and well-maintained rarely hit the market, making this an exceptional opportunity for both homeowners and investors alike. This impressive property features two spacious residential units, along with a finished basement that was previously used as an additional apartment. Whether you choose to use the basement as an in-law suite or explore the possibility of renting it as a non-conforming unit, the additional finished living space offers tremendous flexibility and value. Both the first- and second-floor units feature similar, spacious layouts designed for comfortable living. Enjoy large living rooms filled with natural light streaming through beautiful bay windows, along with formal dining rooms perfect for entertaining. Refinished hardwood floors throughout both units add warmth and character, while three generously sized bedrooms in each unit provide plenty of space for families, roommates, or tenants. Both kitchens and bathrooms have been recently updated, giving the property a refreshed, modern feel. Most of the windows have also been replaced, adding to the home's overall appeal. To top it all off, the property includes a two-car brick garage, providing convenient parking and additional value. Whether you're looking to live in one unit while collecting rental income from the others or rent out all available units to build your investment portfolio, this property offers an excellent opportunity to make the most of multi-unit ownership. With its spacious layouts, thoughtful updates, additional finished basement space, and desirable South Shore location just steps from the lakefront, this is an opportunity you won't want to miss! Live in one unit, rent the others, or maximize your investment potential by renting the entire property. However you look at it, this is an opportunity worth exploring!
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FeaturesGeneralSewer Public Sewer
Heating Gas
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1966
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 16
Status Active
Directions NORTH OR SOUTH ON STONEY TO 79TH EAST TO CONSTANCE
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 2584
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement Finished Full
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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ExteriorParking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 3780
Waterfront Y/N N
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* Excluded FeaturesList BySmith Partners & AssociatesBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,520
- Monthly Property Taxes
- $215
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $635,800
Percent of Sale Price 74%
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 |
|---|
| 10/13/2026 | $364,900 | | Listed Price |