7524 S Ellis Avenue, Chicago, IL 60619
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
7524 S Ellis Avenue,Chicago, IL 60619
$249,000
- 8 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Apr 1212:00 pm - 02:00 pm
Listed by: dan nelson, rodolfo gonzalez
Office: compass
MLS#:12606267
Source:MLSNI
Price summary
- Price:$249,000
About this home
Excellent cash-flowing investment opportunity on Chicago's South Side. This legal 2-unit property features two incredibly spacious units, each with 4 bedrooms and 1 bathroom, making it highly attractive for strong rental demand. Previously updated with modern finishes throughout, the units include 42-inch espresso kitchen cabinets, granite countertops, and stylish glass/stone backsplashes. Bathrooms feature updated vanities, lighting, fixtures, and mirrors. Major improvements include a brand-new roof (2026) and newer copper plumbing, electrical, HVAC systems, and water heaters. Each unit has separate utilities, making it an efficient investment property. The property also features a full unfinished basement with 7-foot ceilings, offering excellent value-add potential for a future additional unit or continued use as storage and laundry space. It is conveniently located near expressways, schools, shopping, and public transportation, just a few minutes from Hyde Park and downtown Chicago. Taxes are low, with no homeowner exemption currently applied. This is a rare opportunity where space, updates, and income potential come together. It is a perfect addition to any rental portfolio or ideal for owner-occupants....
Contact an agent
Home facts
- Year built:1888
- Listing ID #:12606267
- Updated:April 08, 2026 at 10:53 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:14
- Basement:Yes
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1888
- Lot area:0.07 Acres
Utilities
- Water:Lake Michigan
Finances and disclosures
- Price:$249,000
- Tax amount:$1,055 (2023)
New listings near 7524 S Ellis Avenue
- New
$189,900Active2 beds 1 baths852 sq. ft.10314 S Millard Avenue, Chicago, IL 60655
MLS# 12603753Listed by: MCSULLY PROPERTIES LLC - Open Thu, 4 to 6pmNew
$1,550,000Active4 beds 4 baths2733 W Agatite Avenue, Chicago, IL 60625
MLS# 12610148Listed by: COLDWELL BANKER REALTY - New
$200,000Active4 beds 2 baths1,121 sq. ft.8305 S Paxton Avenue, Chicago, IL 60617
MLS# 12610462Listed by: KELLER WILLIAMS INFINITY - New
$339,900Active5 beds 2 bathsAddress Withheld By Seller, Chicago, IL 60612
MLS# 12611582Listed by: PAK HOME REALTY - New
$450,000Active8 beds 3 baths8841 S Muskegon Avenue, Chicago, IL 60617
MLS# 12611815Listed by: HOMESMART REALTY GROUP - New
$189,900Active2 beds 1 baths1,000 sq. ft.2331 N Sayre Avenue #2D, Chicago, IL 60707
MLS# 12612103Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - New
$1,450,000Active5 beds 4 baths3,600 sq. ft.1643 W Julian Street, Chicago, IL 60622
MLS# 12612885Listed by: WESTWARD360 RM - New
$479,900Active4 beds 2 baths10542 S Artesian Avenue, Chicago, IL 60655
MLS# 12613036Listed by: FIRST IN REALTY, INC. - New
$249,900Active2 beds 1 baths832 sq. ft.6060 N Ridge Avenue N #4E, Chicago, IL 60660
MLS# 12610624Listed by: GREYSTONE REALTY - New
$450,000Active5 beds 3 baths1645 N Monticello Avenue, Chicago, IL 60647
MLS# 12612153Listed by: RE/MAX PARTNERS