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7846 S Bennett Avenue, Chicago, IL 60649

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Listing Type
Multi Family
Listing Status
contingent
16
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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.
Property Features
Listing Courtesy: Baird & Warner - 312-640-7010
mls_icon Based on information submitted to the MLS GRID as of 2025-11-05 14:33:18. 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.
Last Updated: 2025-11-05 14:33:18
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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643
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$340,000

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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643
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