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$145,000
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Property Description
This is a fantastic opportunity for investors and developers seeking to begin 2025 with a new rehab project. This brick 4-unit building is in need of a complete gut renovation offering the chance to transform it into cash-flowing rental units or a multi-family residence in the vibrant South Shore community. The 3-units above grade are all 2 bed 1 bath apartments with separate living and dining rooms and the fourth unit in the basement is a 2 bed 1.5 bath apartment. Contact us today to schedule a showing!
Full Property Details
Full Property Details for 7525 S Essex Ave
General
- Sold For: $145,000
- Taxes: $3,497 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12261732
- Added to Site: 459 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Type: Garage
Location
- Area: CHI - South Shore
- County: Cook
- Driving Directions: 76th Street & Yates Blvd., East to Essex Avenue, North to property
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: None
Utilities
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement Desc.: Full
- Year Built: 1925
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3720 SQ FT
Financial Considerations
- Assessment Year: 1925
- Tax Amount: $3,497
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 21303020060000
Listed by Real Broker LLC
Sold by Pearson Realty Group
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Schools
Schools serving 7525 S Essex Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bradwell Community Arts & Sci Elementary School 7736 South Burnham Avenue, Chicago, IL 60649 | K-8 | 0.4 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1.5 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 7525 S Essex Ave
Date
Details
Price
Change
Source
1/17/2025
Sold
$145,000
-9.32%
MLS
12/30/2024
Listed
$159,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7525 S Essex Avenue, Chicago, IL 60649 (MLS# 12261732) is a Multi-Family property that was sold at $145,000 on January 17, 2025. Want to learn more about 7525 S Essex 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.

