23
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$825,000
Est. payment /mo
New
7900 S Merrill AVE Chicago, IL 60649
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12432695
Maintenance Fees $7,500
Year Built 1960
Annual Tax Amount $21,015
Tax Year 2023
Lot Dimensions 3125
Property Sub-Type Multi Family 5+
Property Description
The property is a 15-unit corner courtyard apartment building located in Chicago's South Shore neighborhood. Spacious 2-bedroom & 1 bath units. Multiple units have been renovated. Ten out of the fifteen are occupied. Current rents are below market rate. Great investment with some improvement needed. Newer windows were installed around 2015, and a new boiler system was installed in 2023. Each unit has individual circuit breakers. There is a full basement with a maintenance storage room. Eleven parking spaces behind the building. The owner is selling "as is" and offering owner finance.
Location
State IL
County Cook
Area Chi - South Chicago
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Level or Stories 3
Structure Type Brick
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Listed by Sandra Rodriguez • HomeSmart Realty Group
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