7422 S Blackstone Avenue
Chicago, IL, 60619 $ 395,000
Bedrooms8 Baths3.0 Sq 3,300 Monthly Estimate*
$ 2,494
for $395,000 with 8 bedrooms and 3 full baths. This 3,300 square foot home was built in 1898.
Welcome to the charming, income-generating 2-unit building in South Shore offering 8 bedrooms, 3 bathrooms, and a 2-car garage with a party door. The property features a 3-bedroom upper-level unit currently rented for $1,300/month, providing immediate rental income and strong potential for growth. The first-floor unit is duplexed to the basement and offers an expansive 5-bedroom, 3-bathroom layout with spacious bedrooms, hardwood floors, and stainless steel appliances. The first-floor unit has an estimated rental potential of $2,500-$2,700/month, making this an attractive opportunity for an investor or owner-occupant looking to maximize the property's income potential. With ease of access to Obama Presidential Center, University of Chicago, Jackson Park Hospital, the Illinois Tollway, Lake Shore Drive, Metra, and several commuter bus routes including 6, 28, 71, and 75, this may be the most convenient (and attractive) choice for you and/or your future tenants. The property is being offered as-is with a premium warranty covering major systems, appliances, correction of code violations, permits and modifications. The owner will address lender-required repairs as needed to facilitate financing. This is a solid opportunity for buyers seeking space, rental income, and long-term upside in a highly coveted location. If you're serious about taking the next step, contact me to schedule your showing today.
See more
FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Brick
Year Built 1898
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
Gross Income 15600
Community Features Park Curbs 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 Head west on East 75th St toward Blackstone Ave. Turn north onto Blackstone Ave. Continue north to the property address.
High School Chicago Vocational Career Acad S
City Chicago
High School District 299
MLS Area CHI - South Shore
Elementary School Madison School
Tax Annual Amount 2753
Standard Status Active
Middle/Junior School District 299
Elementary School District 151
See more
InteriorBasement Finished Exterior Entry Egress Window Rec/Family Area Sleeping Area Storage Space Walk-Up Access Full Walk-Out Access
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Bathroom Separate Shower Accessible Shower Double Sink Soaking Tub
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
See more
ExteriorParking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 3500 sq ft
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Sump Pump
See more
* Excluded FeaturesList ByEllison Parker RealtyBroker
lisha.harris@outlook.com;alisha@ellisonparker.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,494
- Monthly Property Taxes
- $229
- 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 $636,046
Percent of Sale Price 61%
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.
5539856 Elementary School
566846 Middle School
Chicago Vocational Career Acad S High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/14/2026 | $395,000 | | Listed Price |