23
See all 23 photos
$825,000
Est. payment /mo
Active Under Contract
7900 S Merrill Avenue Chicago, IL 60649
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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12432695
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".
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished
Interior
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Structure Type Brick
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Listed by Sandra Rodriguez • HomeSmart Realty Group
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Patrick Clarke
Broker | License ID: 471.007683