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7846 S Bennett Avenue, Chicago, IL 60649
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$340,000
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Home Details for 7846 S Bennett Avenue
Price
$340,000
Type
Multi Family
Bedrooms
5
Total Bathrooms
2
Year Build
1922
County
Cook
Total Rooms
11
Garage
2
Basement
Unfinished, Full
Tax
$2,964.41
MLS®️ Listing#
12423939
On exitrealty.com
121 days
Property Description
Investor Opportunity - Three-Unit Potential Welcome to 7846 S Bennett Ave, an income-generating brick multi-unit located on a quiet residential block in Chicago's South Shore neighborhood. This property currently features two occupied units producing rental income plus an unfinished basement with potential to be converted into a third unit-a prime value-add opportunity for investors. Investment Highlights: * Three-Unit Potential: Two units are tenant-occupied, providing immediate cash flow. Basement is ready for build-out to add a third income stream. * Updated Features: Kitchens and baths have been refreshed, hardwood floors preserved, and layouts offer spacious living/dining areas. * Parking Advantage: Two-car detached garage increases rental appeal. * Location: Steps from CTA bus routes and the Metra Electric 79th St. station. Minutes from the lakefront, South Shore Cultural Center, local parks, shopping, and dining. Why Investors Will Love It: This property offers both stability and upside: current income with room to grow. Renovate the lower level to maximize NOI, or hold as-is with long-term tenants in place. Whether you're expanding your portfolio or entering the South Shore rental market, 7846 S Bennett is a solid addition.
- Parking
- Garage Door Opener
- Detached
- Garage
- Heating Information
- Hot Water
- Natural Gas
- Basement
- Unfinished
- Full
- Water Features
- Public
Listing Courtesy: Baird & Warner - 312-640-7010
Last Updated: 2025-11-05 14:33:18
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$340,000
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