7900 S Merrill Avenue, Chicago, IL 60649 - Photo 1

1/1

$800,000

Sold
Closed
Commercial

1/1

Property Description

The property is a 15-unit corner courtyard apartment building located in Chicago's South Shore neighborhood. Spacious 2-bedroom & 1 bath units. Multiple units have been renovated. Ten out of the fifteen are occupied. Current rents are below market rate. Great investment with some improvement needed. Newer windows were installed around 2015, and a new boiler system was installed in 2023. Each unit has individual circuit breakers. There is a full basement with a maintenance storage room. Eleven parking spaces behind the building. The owner is selling "as is".

Full Property Details

Full Property Details for 7900 S Merrill Ave

General

Sold For: $800,000
Taxes: $21,015 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12432695
Added to Site: 170 day(s) ago

Location

Area: CHI - South Chicago
County: Cook
Driving Directions: 79th St and Merrill Ave
Location Details: Corner

Heating & Cooling

Heating Type: Hot Water

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished
Roof: Composition
Stories/Levels: 3
Current Bldg. Use: Multi-Family
Year Built: 1960
Built Before 1978: Yes

Unit Information

Units w/Refrigerators: 10
Units w/Range/Oven: 10

Lot Features

Lot Size (Sq. Ft.): 3,125
Lot Dimensions: 3125
Frontage: City Street
Zoning: MULTI

Financial Considerations

Operating Expenses: $86,341
Assessment Year: 1960
Tax Amount: $21,015
Tax Year: 2023
Tenant Pays: Electricity

Disclosures and Reports

Property ID: 20362020040000

Listed by HomeSmart Realty Group
Sold by eXp Realty

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Schools

Schools serving 7900 S Merrill Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Mann Elementary School 8050 South Chappel Avenue, Chicago, IL 60617	PK-8	0.2 mi
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617	9-11	0.9 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 7900 S Merrill Ave

Date

Details

Price

Change

Source

10/20/2025

Sold

$800,000

-3.03%

MLS

7/29/2025

Listed

$825,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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$800,000

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Single Family
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Beds
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Total Baths
3,875
Sq. Ft.

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Multi-Family
Closed

12
Total Beds

7900 S Merrill Avenue, Chicago, IL 60649 (MLS# 12432695) is a Commercial property that was sold at $800,000 on October 20, 2025. Want to learn more about 7900 S Merrill Avenue? Do you have questions about finding other Commercial real estate for sale in South Chicago? You can browse all South Chicago real estate or contact a Coldwell Banker agent to request more information.

7900 S Merrill Ave Chicago, IL 60649