LKV Realty
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7544 S Essex Avenue photo 1
$425,000
$2,150Reward *
7544 S Essex Avenue, Chicago, IL 60649Listing ID 12724446

7544 S Essex Avenue, Chicago, IL 60649

Active
CHI - South Shore
Time on site: 14 days • Last updated: 19 hours ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
3
Acres
Acres
0.08
Days on Site
Days on Site
14
Heating
Heating
Natural Gas
Year Built
Year Built
1927
Garages
Garages
3
Parking
Parking
Yes, Detached, Garage

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.

Property Information

Property Details

Location

Address
7544 S Essex Avenue
County
Cook
City
Chicago
Zip Code
60649
Subdivision
CHI - South Shore
School District
299
MLS Area
CHI - South Shore

Interior Features

Beds and Baths

Bedrooms
9

Building

Building Information

Year Built
1927
Construction
Brick

Financial

Special Conditions
Short Sale

Property Taxes

Tax Annual Amount
$6,469
Tax Year
2024
Century 21 IMPACT, (815) 221-8400

Market Report for 60649

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 09:47 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD1015997