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1/23
$125,000
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Property Description
Located in the highly sought after south shore community this is a rare value add opportunity where a large two unit has been brought to the studs and offers a buyer with vision a change to bring this back to life! The building has a great exterior appeal with solid brick exterior, large wide lot with side driveway, which is rare, and a side entrance allowing more usable sq footage in each unit! The prior layout offered two bedrooms per unit however with the large living room and dining room there is plenty of space to convert this building into offering 3-bedroom units which will increase rent potential! The units are very spacious, large sun-drenched living rooms, formal dining room along with a full basement which can be finished for a third unit, and you will really see your equity soar! Live in one unit rent the others out or rent them all out for long term cash flow potential, any way you look at this it is a win win situation! Do not overlook the location, minutes from the Lakefront, close to public transportation along with the skyway, this building will not last long at this price basis! Get inside today to appreciate all this has to offer!
Full Property Details
Full Property Details for 7339 S Bennett Ave
General
- Price: $125,000
- Taxes: $4,447 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12592766
- Updated: 4/1/2026
- Added to Site: 19 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 2
- Parking Features: Driveway, Yes
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: 73rd East of Stoney to Bennett, South to Building
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Exterior Entry, Full
- Year Built: 1918
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 44 x 126
Financial Considerations
- Assessment Year: 1918
- Tax Amount: $4,447
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 20251290090000
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Schools
Schools serving 7339 S Bennett Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bouchet Elementary Math & Science Academy 7355 South Jeffery Boulevard, Chicago, IL 60649 | K-8 | 0.2 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.3 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7339 S Bennett Ave
Date
Details
Price
Change
Source
3/15/2026
Listed
$125,000
-8.76%
MLS
8/23/2021
Sold
$137,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7339 S Bennett Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,447
3%
$21,000
—
2022
$4,319
121%
$21,000
—
2021
$1,952
4%
$21,000
44%
2020
$1,876
-2%
$14,628
-12%
2019
$1,915
2%
$16,623
—
2018
$1,886
-26%
$16,623
-13%
2017
$2,562
-13%
$19,000
—
2016
$2,948
-2%
$19,000
—
2015
$3,001
14%
$19,000
13%
2014
$2,641
2%
$16,805
—
2013
$2,578
—
$16,805
—
2012
$2,568
—
$16,805
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7339 S Bennett Ave
7339 S Bennett Avenue, Chicago, IL 60649 (MLS# 12592766) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 7339 S Bennett Avenue is currently listed for $125,000 and was received on March 15, 2026. Want to learn more about 7339 S Bennett Avenue? Do you have questions about finding other Multi-Family real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

