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7544 S Essex Avenue Chicago, IL $ 399,000
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7544 S Essex Avenue
$ 399,000
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7544 S Essex Avenue

Chicago, IL, 60649
$ 399,000
Bedrooms9 Baths3.0 Sq 4,500

Monthly Estimate*

$ 2,519

7544 S Essex Avenue, Chicago, IL 60649 - Image 1

Multi-Family Home for sale in Chicago, IL

for $399,000 with 9 bedrooms and 3 full baths. This 4,500 square foot home was built in 1927 on a lot size of 0.08.

INVESTOR DREAM - 3-Unit Brick in South Shore's Transformation Zone Solid all-brick 3-flat. 9 beds, 3 baths, 3,200 sq ft of income potential. Same ownership for years - needs TLC and vision, not demolition. Separate utilities, full basement, layouts that rehab beautifully. INVEST South/West priority corridor ($280M+ city investment). Obama Presidential Center under construction minutes away - surrounding neighborhoods already seeing values double. THRIVE Exchange breaking ground blocks away. 71st Street initiative bringing new businesses and foot traffic. Potential rent $3,600-$4,200/mo post-rehab. Short sale, sold AS-IS, subject to lender approval. Cash or rehab loan preferred. This is the most strategically positioned multifamily on Chicago's South Side right now. The investor who buys in 2026 will thank themselves in 2028.

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Multi-Family Active

Price

$ 399,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,469

Style

Lot Size

0.08

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12724446
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Immediate
Zoning MULTI
Garage Spaces 3
Construction Materials Brick
Year Built 1927
Township South Chicago
Tax Year 2024
Ownership Fee Simple
Community Features Gated Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions take Stony Island Ave or the Chicago Skyway/Lake Shore Dr south to 75th Street head east on 75th St to S Yates Blvd turn south to 75th St/Essex intersection then turn east onto Essex Ave.
City Chicago
High School District 299
MLS Area CHI - South Shore
Tax Annual Amount 6469.26
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 9
Total Baths 3
Bedrooms Possible 9
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Detached Garage
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 3720 SQ FT
Lot Size Acres 0.08
Waterfront Y/N N
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* Excluded Features
List By
Century 21 Impact

Broker

muchtudure@gmail.com;Yolandamartin@atproperties.com

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Affordability Calculator

$3,058
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,519
Monthly Property Taxes
$539
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.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/5/2026$399,000 Listed Price

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7544 S Essex Avenue, Chicago, IL, 60649 is a Multi-Family Home for sale at $399,000 with 4,500 sqft and a lot size of 0.08. 7544 S Essex Avenue has 9 bedrooms, 3.0 baths, and was built in 1927. The property's zip code is 60649 which is in Chicago, IL

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