Address
7358 S Michigan Avenue, Chicago, IL
Price
$ 550,000
Property Attributes
- MLS#12760810
- TypeMulti-Family
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - Greater Grand Crossing
- NeighborhoodGrand Crossing
- Zip60619
- StyleMulti-Family
- Year Built1916
- Taxes$ 4853
- Price$ 550,000
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6266
- Lot Size0.11 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Charming Park Manor six-unit multifamily building situated on a beautiful, tree-lined street. This attractive corner property offers a great opportunity for an investor or owner looking to add a multifamily asset to their portfolio. The building features six units, a two-car garage, and a desirable corner location with excellent visibility. The property offers character and potential in a well-established Park Manor neighborhood. Conveniently located near transportation. A great opportunity to own a multifamily property with multiple units and garage parking.
| Price History | |
|---|---|
| 9/20/2026 | Listed $550,000 |
General Features
| Cooling | None |
|---|---|
| Possession | Closing |
| Zoning | MULTI |
| Construction Materials | Other |
| Year Built | 1916 |
| Tenant Pays | Electricity |
| Stories Count | 3 |
| Township | Hyde Park |
| Tax Year | 2023 |
| Current Use | Multi-Family |
| Gross Income | 57360 |
| County | Cook |
| Net Operating Income | 25360 |
| Operating Expense | 32500 |
| Insurance Expense | 4600 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 7500 |
| Possible Use | Multi-Family |
| Status | Active |
| Directions | Property is located on S. Michigan Ave. |
| City | Chicago |
| Number Of Units Total | 6 |
| MLS Area | CHI - Greater Grand Crossing |
| Lot Size Square Feet | 4830 |
| Tax Annual Amount | 4853 |
| Fuel Expense | 12000 |
| Trash Expense | 2400 |
| Water Sewer Expense | 6000 |
| Additional Parcels Y/N | No |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Basement | Unfinished |
|---|
Exterior Features
| Building Area Total | 6266 |
|---|---|
| Lot Dimensions | 30X158X31X158 |
| Lot Size Acres | 0.11 |
| Frontage Type | City Street,Public Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60619
Price
Taxes
Year Built
Visits
