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About the Listing 11000 - 1016707,264441
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.
Listing Highlights for 7846 S Bennett Ave
Status
Pending
Days on Site
117
Property Type
Multi-Family
MLS ®
12423939
Year Built
1922
Total Square Footage
0
Lot/Acreage
LESS THAN .25 ACRE
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Radiator(s)
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Full
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: LESS THAN .25 ACRE
- Roof: Flat
- Others:
- Sewer: Public Sewer
- Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $2,964
- Taxes w/Assessments: N/A
- Tax/Property ID: 20253290300000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
7846 S Bennett Ave Chicago, IL 60649
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