7846 S Bennett Avenue, Chicago, IL 60649
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7846 S Bennett Avenue,Chicago, IL 60649
$340,000
- 5 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:kelsey kyser
Office:baird & warner
MLS#:12423939
Source:MLSNI
Price summary
- Price:$340,000
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.
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Home facts
- Year built:1922
- Listing ID #:12423939
- Added:81 day(s) ago
- Updated:October 08, 2025 at 07:36 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Natural Gas, Radiator(s)
Structure and exterior
- Roof:Flat
- Year built:1922
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$340,000
- Tax amount:$2,964 (2023)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 7846 S Bennett Avenue
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