Closed

$249,700

7236 Michigan Avenue, Chicago, IL 60619
6 Beds2 Baths3 days
7236 Michigan Avenue·Chicago, IL 60619
6Bedrooms
2Bathrooms
1923Year Built
About This Home

INVESTOR OPPORTUNITY: Classic Brick Two-Flat Sold AS-IS AS-IS SALE PROPERTY HIGHLIGHTS: Welcome to a solid investment opportunity in Greater Grand Crossing! This classic 1923 brick two-flat offers 6 bedrooms, 2 bathrooms across two spacious 3BD/1BA units, plus a detached brick 2-car garage-all sitting on an extra-large lot with excellent bones and strong rental demand fundamentals. PROPERTY FEATURES: Two 3-bedroom, 1-bathroom units providing dual income streams Classic brick construction with timeless curb appeal and long-term durability Detached brick 2-car garage offering additional storage or parking income potential Oversized lot (33x125) providing expansion possibilities and valuable outdoor space Full unfinished basement ready for finishing or additional storage 14 total rooms across both units offering excellent rental value Prime location with convenient access to I-90/94, CTA Red Line, shopping, dining, and parks INVESTMENT POTENTIAL: This property is priced to provide room in your budget for value-add improvements. Greater Grand Crossing offers strong rental demand with accessibility to downtown, major transportation corridors, and neighborhood amenities. The dual-unit configuration is perfect for: Buy-and-hold investors seeking steady cash flow House hackers looking to live in one unit and rent the other Value-add investors ready to renovate and reposition Portfolio builders adding performing multi-family assets LOCATION ADVANTAGES: Situated in Greater Grand Crossing with excellent connectivity to downtown Chicago, CTA public transportation, local schools, parks, and shopping. The neighborhood provides an ideal combination of affordability and accessibility for tenants and investors alike. PROPERTY CONDITION & TERMS: SOLD STRICTLY AS-IS. Property is being sold in its current condition without warranties, guarantees, repairs, or representation as to accuracy of information provided. Buyer is responsible for all inspections, due diligence, and verification of property details. Seller will not provide any repair credits or make improvements prior to closing. This AS-IS pricing allows sophisticated investors to acquire below replacement cost with built-in equity potential. Updates and cosmetic improvements will immediately increase rental rates and overall property value. FINANCING SOLUTIONS AVAILABLE: Listing agent is a dual-licensed Real Estate Broker AND Mortgage Loan Officer (NMLS #2514797), offering multiple financing pathways including conventional, FHA, VA, portfolio loans, and DSCR investor financing. PROPERTY DETAILS: Year Built: 1923 Property Type: Two-Flat Multi-Family Total Bedrooms: 6 (3 per unit) Total Bathrooms: 2 (1 per unit) Lot Dimensions: 33 x 125 Basement: Full, Unfinished Garage: Detached Brick 2-Car Exterior: Brick Utilities: Separate (tenant-paid) Property Taxes: $4,640 (2023). The TV Show Chicago PD is filming an episode from 01/12/2026-01-15-2026 so we are off the market until 01/16/2026...

MLS# 12536649Listed December 26, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms14

Size & Structure

Garage Spaces2
Year Built1923
Lot Size33X158

Location

CountyCook
TownshipHyde Park
Zip Code60619

Financial

List Price$249,700
Annual Taxes (2023)$4,575
Monthly Tax Est.$381
Parcel #20271070250000
Interior Features

Heating

Other

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$4,575
Tax Year 2023
Monthly Tax Est.
$381
per month
Property Location

7236 Michigan Avenue, Chicago, IL 60619 — Cook County

$249,700
7236 Michigan Avenue
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
3 days on market
2-car garage
33X158
$4,575/yr taxes
$1,694
estimated monthly payment
Principal & Interest
$1,312/mo
Property Tax
$381/mo
$249,700
20% — $49,940
3%50%
6.875%
3%12%
Loan Amount
$199,760
Down Payment
$49,940

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Manifest Homes Corporation
Agent: Henry Jones
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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