Map
Listed price in listed location currency (USD).
$375,000

000

MLS® 12767989

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $11,858
Days Active 1
Lot Size 0.12 Acres
Approx. Age 1924
MLS® Number 12767989

Property Address: 7701 S Eggleston Ave, Chicago, IL, 60620-1043

Average square foot calculated using Size range provided by listing agent.

Description

7 of 9 Units Now Vacant - All-Brick 9-Unit on a Quiet Block in Chicago's Hidden Gem - Winneconna Parkway! Check Out This Incredible Investment Opportunity Located in One of Chicago's Most Unique & Desirable Residential Enclaves! Situated in Historic Winneconna Parkway, This All-Brick 9-Unit Building is a True Blank Canvas for the Savvy Investor! With Only 2 Units Occupied, the Next Owner Can Skip Inherited Tenants & Start Fresh w/ Their Own Screening Criteria, Lease Terms & Rent Levels. Light Updates to the Vacant Units Can Position the Building for Strong Rental Income & a Higher Valuation Upon Stabilization - Ideal for Buyers Seeking Forced Appreciation! Featuring Six (2 Bed / 1 Bath) Units and Three (1 Bed / 1 Bath) Units - Totaling 15 Bedrooms and 9 Bathrooms! Most Units Have Gorgeous Hardwood Floors and Separate Living & Dining Rooms! Boiler System Under 9 Years Old - Reducing Near-Term Maintenance Costs! All Units Include Stoves & Refrigerators. Large Building w/ 6, 528 Sq Ft & Multiple Basements. Beyond the Numbers, This Building is Located in the Winneconna Parkway / Auburn Park Area, a True Hidden Treasure in One of the Nicest Residential Blocks in All of Chicago. Developed in the Late 1800s on Land Once Owned by Chicago's First Mayor, William B. Ogden, the Area is Known for its Serene Lagoons, Charming Bridges & Historic Architecture! This is More Than Just an Apartment Building - It's an Opportunity to Own Property in a Historically Rich & Highly Promising Area of Chicago. The New Metra Auburn Park Station is Coming to Winneconna Parkway & 79th Street! The 79th Street Corridor Plan is Set to Completely Revitalize and Transform the Area w/ a Vibrant Mix of New Uses! Don't Miss Out on This Rare 9-Unit w/ Massive Upside Potential!
MLS® Number12767989
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1924
Basement
Driveway
Garage Spaces
Heat
A/CNone

Extras

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