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$135,000
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Property Description
This property offers incredible potential for investors looking to create value. In need of a full gut rehab, it provides the perfect blank canvas to reconfigure floor plans and maximize rental income. All units will be delivered vacant with no leases in place, allowing immediate renovations and leasing flexibility. Located in the desirable South Shore neighborhood, close to the lake, parks, shopping, and public transportation. Priced to sell ! Don't miss this chance to build equity and long-term cash flow!
Full Property Details
Full Property Details for 7923 S Essex Ave
General
- Sold For: $135,000
- Taxes: $3,164 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12473773
- Added to Site: 116 day(s) ago
Location
- Area: CHI - South Chicago
- County: Cook
- Driving Directions: 79th Street to Essex, South on Essex to property
Heating & Cooling
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Year Built: 1928
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 5580
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1928
- Tax Amount: $3,164.89
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 21311020060000
Listed by Keller Williams Preferred Rlty
Sold by Su Familia Real Estate Inc
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Schools
Schools serving 7923 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 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 7923 S Essex Ave
Date
Details
Price
Change
Source
10/10/2025
Sold
$135,000
-6.9%
MLS
9/23/2025
Listed
$145,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7923 S Essex Avenue, Chicago, IL 60617 (MLS# 12473773) is a Commercial property that was sold at $135,000 on October 10, 2025. Want to learn more about 7923 S Essex 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.

