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7830 S Luella Avenue, Chicago, IL, 60649

Chris DeWilde

Executive Sales Consultant

Realtor specializing in Residential, and Commercial Property. 8+ years of digital marketing and sales experience.

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$599,000
23 Days Online

7830 S Luella Avenue
Chicago, IL 60649

For Sale|Multi Family|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
10,758
SqFt
$56
/SqFt
1926
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty srm7000@aol.com;sybil.martin@cbexchange.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

7830 S Luella Avenue7830 S Luella Avenue7830 S Luella Avenue7830 S Luella Avenue
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Discover a rare investment opportunity with this well-maintained 6-unit building, with the potential to generate an annual income of $100,000 and beyond. Each spacious unit features 2 bedrooms and 1 bath, thoughtfully designed with separate dining and living spaces, both offering access to a front sunroom that floods the space with natural light. Down the hallway, you'll find generously sized bedrooms, each with access to a second sunroom, providing additional living space and flexibility. This thoughtfully-designed layout also offers the potential for a 3rd bedroom, maximizing rental income possibilities. The basement presents an exciting opportunity for expansion, with ample space to build out two additional units, significantly increasing the potential for rental income. The units are equipped with individual heating systems, which can reduce costs for the owner. Gleaming hardwood floors run throughout, adding a touch of elegance and durability. The building's water heater, windows, and rear porches have been recently updated, enhancing efficiency and reducing maintenance concerns. Additionally, the property features garage parking in the rear with six dedicated spaces, providing yet another opportunity to generate additional income. Whether you're looking to expand your investment portfolio or seek an owner-occupant scenario with rental income, this income-generating gem is not to be missed!

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Listing Snapshot
Price 
$599,000
Days Online 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,758 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1926
MLS® Number 
12145457
Status 
Active Under Contract
Property Tax 
$5,197
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active Under Contract
3 weeks agoListing first seen online
4 weeks agoListing updated with changes from the MLS®
General Features
Additional Property Use 
Multi-Family
Contingency 
Attorney/Inspection
Foundation 
Concrete Perimeter
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
10758
Zoning 
MULTI
Interior Features
Basement 
Unfinished
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
CHI - South Shore
Township 
Hyde Park
Listing Courtesy of MRED as distributed by MLS Grid of Coldwell Banker Realty srm7000@aol.com;sybil.martin@cbexchange.com



Based on information submitted to the MLS GRID as of 2024-09-19 09:30 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-09-19 09:30 PM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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