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$395,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 2 Car Garage
  • Updated 2 days ago
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Welcome to the charming, income-generating 2-unit building in South Shore offering 8 bedrooms, 3 bathrooms, and a 2-car garage with a party door. The property features a 3-bedroom upper-level unit currently rented for $1,300/month, providing immediate rental income and strong potential for growth. The first-floor unit is duplexed to the basement and offers an expansive 5-bedroom, 3-bathroom layout with spacious bedrooms, hardwood floors, and stainless steel appliances. The first-floor unit has an estimated rental potential of $2,500-$2,700/month, making this an attractive opportunity for an investor or owner-occupant looking to maximize the property's income potential. With ease of access to Obama Presidential Center, University of Chicago, Jackson Park Hospital, the Illinois Tollway, Lake Shore Drive, Metra, and several commuter bus routes including 6, 28, 71, and 75, this may be the most convenient (and attractive) choice for you and/or your future tenants. The property is being offered as-is with a premium warranty covering major systems, appliances, correction of code violations, permits and modifications. The owner will address lender-required repairs as needed to facilitate financing. This is a solid opportunity for buyers seeking space, rental income, and long-term upside in a highly coveted location. If you're serious about taking the next step, contact me to schedule your showing today.

Full Property Details for 7422 S Blackstone Ave

General

  • Price: $395,000
  • Taxes: $2,753 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12732919
  • Updated: 8/19/2026
  • Added to Site: 8 day(s) ago

Rental Information

  • Complex Features: Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Finished, E

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3
  • Bathroom Features: Separate Shower, Accessible Shower, Double Sink, Soaking Tub

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Equipment: Ceiling Fan(s), Sump Pump
  • Other Features: Commuter Bus, Commuter Train, Interstate Access

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - South Shore
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: Head west on East 75th St toward Blackstone Ave. Turn north onto Blackstone Ave. Continue north to the property address.

School Information

  • School District: 151
  • Elem School District: 151
  • Midd School District: 299
  • High School District: 299
  • Elementary School: Madison School
  • High School: Chicago Vocational Career Acad S
  • Private School: Chicago Vocational Career Acad S

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Exterior Entry, Egress Window, Rec/Family Area, Sleeping Area, Storage Space, Walk-Up Access, Full, Walk-Out Access
  • Year Built: 1898
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 3500 sq ft
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1898
  • Tax Amount: $2,753
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 20262280240000

Listed by Ellison Parker Realty

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Listing agent

— 7422 S Blackstone Ave —

  • Ellison Parker Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 7422 S Blackstone Ave

School District:Chicago Public School District 299
NameGradesDistance
Madison Elementary School, Chicago, IL
7433 South Dorchester Avenue, Chicago, IL 60619
K-80.1 mi
South Shore Intl Col Prep High School
1955 East 75th Street, Chicago, IL 60649
12-0.6 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-111.7 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 7422 S Blackstone Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/13/2026
Listed
$395,000
124.43%
MLS
10/29/2018
Sold
$176,000
—
Public Record
Get Price Alerts and Save Property
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 for 7422 S Blackstone Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,753
—
$17,700
36%
2023
$2,753
3%
$13,000
—
2022
$2,674
2%
$13,000
—
2021
$2,614
-14%
$13,000
-5%
2020
$3,043
-1%
$13,660
-11%
2019
$3,084
2%
$15,349
—
2018
$3,032
-16%
$15,349
-8%
2017
$3,600
54%
$16,724
—
2016
$2,331
-10%
$16,724
—
2015
$2,584
20%
$16,724
18%
2014
$2,151
3%
$14,164
—
2013
$2,098
18%
$14,164
—
2012
$1,774
—
$14,164
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Ellison Parker Realty

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7422 S Blackstone Avenue, Chicago, IL 60619 (MLS# 12732919) is a Multi-Family property with 2 units containing 8 bedrooms and 0 full bathrooms. 7422 S Blackstone Avenue is currently listed for $395,000 and was received on August 13, 2026. Want to learn more about 7422 S Blackstone 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.

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