Chicago, IL 60649 7700 S East End Avenue

7700 S East End Avenue Chicago, IL - Image 17700 S East End Avenue Chicago, IL - Image 27700 S East End Avenue Chicago, IL - Image 3
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7700 S East End Avenue Chicago, IL - Image 47700 S East End Avenue Chicago, IL - Image 57700 S East End Avenue Chicago, IL - Image 67700 S East End Avenue Chicago, IL - Image 77700 S East End Avenue Chicago, IL - Image 8
Presented By: Red Pro Realty LLC
  • MLS# 12128787
  • 08/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 3

Home Details

This property is the investment opportunity you've been looking for! All units are currently rented, with only 2 units still available, and all rents are current. The building, which consists of 16 units including 3-2 bedroom apartments and 13-1 bedroom units, is situated in South Shore, where the Obama Center is under construction, leading to significant revitalization in the area. The roof is less than 5 years old, the boiler is regularly maintained, and the hot water tank is approximately 10 years old. Additionally, there is a camera system installed on the building that will be retained. Some of the units have been renovated, and both the building and the neighborhood are peaceful and quiet. Priced to sale perfect for the investor looking for that 1031 exchange investment!
Presented By: Red Pro Realty LLC

General for 7700 S East End Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
Current UseMulti-Family
Days on Market17
DirectionsNorth or South on Stony Island Ave East on 76th Street South
Electric Expense685
Fuel Expense18000
Gross Income132480
Insurance Expense9229
MLS AreaCHI - South Shore
MaintenanceExpense11000
Net Operating Income59615
NumberOfUnitsTotal16
Operating Expense72865
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofReflective Coating
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount14750
Tax Year2022
Tenant PaysElectricity, Other
Trash Expense3109
Water Sewer Expense10000
Year Built1924
ZoningMULTI

Exterior for 7700 S East End Avenue

ExteriorBrick
Lot Dimensions6449

Additional Details

Price History

Worth Clark

Price $1,050,000
MLS#12128787
List Date 08/01/2024
Property Type Multi-Family
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