Closed

$340,000

7846 Bennett Avenue, Chicago, IL 60649
5 Beds2 Baths111 days
7846 Bennett Avenue·Chicago, IL 60649
5Bedrooms
2Bathrooms
1922Year Built
About This Home

Investor Opportunity - Three-Unit Potential Welcome to 7846 S Bennett Ave, an income-generating brick multi-unit located on a quiet residential block in Chicago's South Shore neighborhood. This property currently features two occupied units producing rental income plus an unfinished basement with potential to be converted into a third unit-a prime value-add opportunity for investors. Investment Highlights: * Three-Unit Potential: Two units are tenant-occupied, providing immediate cash flow. Basement is ready for build-out to add a third income stream. * Updated Features: Kitchens and baths have been refreshed, hardwood floors preserved, and layouts offer spacious living/dining areas. * Parking Advantage: Two-car detached garage increases rental appeal. * Location: Steps from CTA bus routes and the Metra Electric 79th St. station. Minutes from the lakefront, South Shore Cultural Center, local parks, shopping, and dining. Why Investors Will Love It: This property offers both stability and upside: current income with room to grow. Renovate the lower level to maximize NOI, or hold as-is with long-term tenants in place. Whether you're expanding your portfolio or entering the South Shore rental market, 7846 S Bennett is a solid addition.

MLS# 12423939Listed July 18, 2025Residential IncomeBi-Level
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms2
Total Rooms11

Size & Structure

Garage Spaces2
Year Built1922
Lot SizeLESS THAN .25 ACRE

Location

CountyCook
TownshipHyde Park
Zip Code60649

Financial

List Price$340,000
Annual Taxes (2023)$2,964
Monthly Tax Est.$247
Parcel #20253290300000
Interior Features

Heating

Natural GasRadiator(s)

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerYesGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$2,964
Tax Year 2023
Monthly Tax Est.
$247
per month
Property Location

7846 Bennett Avenue, Chicago, IL 60649 — Cook County

$340,000
7846 Bennett Avenue
5 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
111 days on market
2-car garage
LESS THAN .25 ACRE
$2,964/yr taxes
$2,034
estimated monthly payment
Principal & Interest
$1,787/mo
Property Tax
$247/mo
$340,000
20% — $68,000
3%50%
6.875%
3%12%
Loan Amount
$272,000
Down Payment
$68,000

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

Listed by
Baird & Warner
Agent: Kelsey Kyser
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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