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7649 South Essex AvenueChicago, IL 60649Price: $544,900

  • Price: $544,900
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 7.18% last updated on Nov 5, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $544,900List Price
  • 9Bedrooms
  • 3Bathrooms
  • 0.08Acreage
  • 1924Year Built

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Exceptional South Shore Investment Opportunity! Don't miss the opportunity to own this spacious 3-unit property situated on a beautiful, tree-lined street in Chicago's desirable South Shore neighborhood. Each unit features 3 bedrooms, 1 bathroom, and generous living space throughout. The property underwent a complete gut rehabilitation in 2016, with a new roof installed in 2019. Units 2 and 3 are currently occupied, providing immediate rental income, while the first-floor unit is vacant and offers flexibility for an owner-occupant or an additional tenant. This property is ideal for an owner-occupant or an investor seeking to expand their portfolio with a solid income-producing asset. Three-bedroom units offer attractive rental potential, creating an opportunity for long-term returns. Conveniently located near Lake Michigan, the Obama Presidential Center, and neighborhood amenities. With two occupied units and one vacant unit ready for its next owner, this is an investment opportunity worth exploring. Schedule your showing today!

Property Details of 7649 South Essex Avenue

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Listed by Latrease Davenport of PIP Realty Group

Based on information submitted to MRED  as of November 11, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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