This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/27
$459,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/27
Property Description
Fully Leased, Cash-Flowing 2-Flat in Justice, IL Well-maintained and fully leased 2-flat in Justice, IL, offering immediate cash flow and long-term investment potential. This income-producing multi-unit property features a total of 9 rooms across two spacious units, making it attractive to a wide tenant pool and ideal for steady rental demand. The first-floor unit offers a 1 bedroom, 1 bathroom layout with generously sized living spaces. The second-floor unit features three large rooms and 1 bathroom, with ample space for a combined kitchen/dining area and living room. The kitchen has been recently renovated, enhancing tenant appeal and reducing near-term capital expenses. Both units feature hardwood flooring throughout the main living areas, with newer carpeting in the bedrooms. Additional highlights include a massive backyard, a two-car detached garage, driveway parking, and ample free street parking-key amenities that support tenant retention and rental stability. Conveniently located near Archer Road with easy access to I-55, this property benefits from strong commuter access and consistent rental demand. Solid opportunity for investors seeking a stabilized asset with immediate income and upside potential. *AS-IS Condition*
Full Property Details
Full Property Details for 7840 Cronin Ave
General
- Price: $459,000
- Taxes: $11,509 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12554882
- Updated: 1/27/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 6
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Justice
- County: Cook
- Township: Lyons
- Driving Directions: 79th to 88th Ave, West on Frontage to Cronin
School Information
- School District: 109
- Elem School District: 109
- Midd School District: 109
- High School District: 217
- High School: Argo Community High School
- Private School: Argo Community High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Year Built: 1971
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 75 x 130
Financial Considerations
- Assessment Year: 1971
- Tax Amount: $11,509
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 18274070170000
Listed by Kawash Group
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7840 Cronin Ave
School Districts:Argo Community High School District 217, Indian Springs School District 109
| Name | Grades | Distance |
|---|---|---|
Frank A Brodnicki Elementary School 8641 West 75th Street, Justice, IL 60458 | K-6 | 0.6 mi |
Geo T Wilkins Jr High School 8001 South 82nd Avenue, Justice, IL 60458 | 7-8 | 1.2 mi |
Argo Community High School 7329 West 63rd Street, Summit, IL 60501 | 9-12 | 2.9 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 7840 Cronin Ave
Date
Details
Price
Change
Source
1/26/2026
Listed
$459,000
9.29%
MLS
11/04/2024
Sold
$420,000
—
Public Record
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
Tax History for 7840 Cronin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,509
-14%
$37,199
—
2022
$13,344
5%
$37,110
—
2021
$12,694
4%
$37,110
—
2020
$12,259
44%
$37,110
58%
2019
$8,519
-1%
$23,521
-5%
2018
$8,607
1%
$24,871
—
2017
$8,532
25%
$24,871
21%
2016
$6,852
2%
$20,500
—
2015
$6,703
-4%
$20,500
-6%
2014
$6,986
-13%
$21,795
-20%
2013
$8,020
3%
$27,206
—
2012
$7,754
—
$27,206
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7840 Cronin Ave
7840 Cronin Avenue, Justice, IL 60458 (MLS# 12554882) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 7840 Cronin Avenue is currently listed for $459,000 and was received on January 26, 2026. Want to learn more about 7840 Cronin Avenue? Do you have questions about finding other Multi-Family real estate for sale in Justice? You can browse all Justice real estate or contact a Coldwell Banker agent to request more information.

