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$330,000
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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.
Full Property Details
Full Property Details for 7846 S Bennett Ave
General
- Sold For: $330,000
- Taxes: $2,964 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12423939
- Added to Site: 212 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: School Bus Service, Commuter Bus
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
- Driving Directions: 79th Street east or west to Bennett Avenue. North to address.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Radiator(s)
Utilities
- Water: Lake Michigan, Public
Structural Information
- Architectural Style: Bi-Level
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Roof: Flat
- Year Built: 1922
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: LESS THAN .25 ACRE
- Fence: Yes
- Fencing (Description): Fenced, Chain Link
Financial Considerations
- Assessment Year: 1922
- Tax Amount: $2,964.41
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20253290300000
Listed by Baird & Warner
Sold by Baird & Warner
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Schools
Schools serving 7846 S Bennett Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mann Elementary School 8050 South Chappel Avenue, Chicago, IL 60617 | PK-8 | 0.3 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7846 S Bennett Ave
Date
Details
Price
Change
Source
12/18/2025
Sold
$330,000
-2.94%
MLS
7/18/2025
Listed
$340,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7846 S Bennett Avenue, Chicago, IL 60649 (MLS# 12423939) is a Multi-Family property that was sold at $330,000 on December 18, 2025. Want to learn more about 7846 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.

