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$435,000
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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
- Sold For: $435,000
- Taxes: $11,509 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12554882
- Added to Site: 66 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 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
- Driving Directions: 79th to 88th Ave, West on Frontage to Cronin
School Information
- School District: 109
- Midd School District: 109
- High School: Argo Community High School
- Private School: Argo Community High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 18274070170000
Listed by Kawash Group
Sold by Better Homes & Gardens Real Estate
Get Pre-Approved Today
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 ATTOM Data Solutions 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
3/20/2026
Sold
$435,000
-5.23%
MLS
1/26/2026
Listed
$459,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7840 Cronin Avenue, Justice, IL 60458 (MLS# 12554882) is a Multi-Family property that was sold at $435,000 on March 20, 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.

