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44 Properties Within 0.5 miles of: 7250 S Langley, Chicago

7250 S Langley
Chicago, IL 60619

  • Built In 1888
Price

$380,000

Est Payment
$2,225 / month (details)  
Taxes
$2,532  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
125X25  
Built
1888  
Neighborhood
Park Manor  
MLS
#12349032
Status
Active (0 days)

Property Description

Position yourself for success with this solid 7-unit brick building, ideally located in Chicago's rapidly growing Greater Grand Crossing neighborhood - just minutes from the new Obama Presidential Library, Metra stations, shopping, and public transportation. This is the kind of high-potential investment opportunity that serious buyers move quickly on. The building consists of six spacious 1-bedroom, 1-bath units and one large 3-bedroom, 1-bath unit, offering an excellent rental mix to attract a variety of tenants. Major improvements have already been taken care of, including a brand-new roof in 2023, new front windows installed in 2020, and three new furnaces added the same year, giving you peace of mind and reducing future maintenance costs. Tenants are responsible for their own gas and electric, while the owner covers water, common gas, and lighting expenses. There is also a detached 2-car garage for added convenience, laundry facilities in the basement, and untapped potential to add an additional unit to further boost your income. Currently, three units are rented while four units are vacant, presenting the perfect scenario for both immediate cash flow and future rent growth after light improvements. Some updating has already been completed, allowing you to step in and tailor the property to maximize returns. This property is being sold as-is and offers a golden opportunity to secure a valuable income-producing asset in an area on the brink of major revitalization. With solid fundamentals, prime location, and endless upside, this is the kind of deal that smart investors recognize - and act on - fast. Don't let this opportunity pass you by. Schedule your showing today and start building your future wealth!

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-27-2025 Listed at $380,000
Last Modified 4/27/25 1:43 PM

Nearby Transportation

  • Bus 4 0.1 mi
  • Bus 71 0.2 mi
  • Bus 30 0.3 mi
  • Bus 75 0.3 mi
  • Bus 3 0.4 mi
  • Bus 67 0.5 mi
  • Bus 5 0.5 mi
  • Bus 95 0.5 mi
  • Bus 79 0.8 mi
  • Bus 29 0.9 mi
  • Bus 169 1.0 mi
  • Bus 24 1.1 mi
  • Bus 28 1.1 mi
  • Bus 63 1.2 mi
  • Metra Electric 0.7 mi
  • Red Line 1.0 mi
  • Green Line 1.2 mi
  • I 90 East 0.2 mi
  • I 94 West 0.9 mi
  • I 94 East 1.0 mi
  • I 90 West 1.7 mi
  • Hwy 57 3.3 mi
  • Hwy 57 3.8 mi
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