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29 Properties Within 0.5 miles of: 7250 S Merrill, Chicago

7250 S Merrill
Chicago, IL 60649

  • Built In 1916
Price

$695,000

Est Payment
$4,125 / month (details)  
Taxes
$5,293  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
50X125  
Built
1916  
Neighborhood
South Shore  
MLS
#12382675
Status
Active (4 days)

Property Description

33 Realty is pleased to offer a prime investment opportunity at 7250 S Merrill in the heart of the South Shore neighborhood. This well-maintained building features individual gas and electric meters, as well as hot water heaters for each unit, complemented by centralized furnace heating. These features contribute to efficient operation and low operating costs, making management straightforward for investors. The property also includes convenient coinoperated laundry facilities in the basement, enhancing tenant appeal. With updated units boasting modern stainless steel appliances and newer countertops, this investment is ready for immediate occupancy. There is ample parking space available for up to five cars, providing added convenience for residents. Investors will appreciate the stability offered by this property, with solid cash flow potential and room to increase rents. With low operational expenses and minimal renovations needed, this opportunity allows for continued profitability while maximizing returns.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Payment Calculator

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

Listing History

06-12-2025 Listed at $695,000
Last Modified 6/12/25 10:13 AM

Nearby Transportation

  • Bus 15 0.2 mi
  • Bus 5 0.2 mi
  • Bus 95 0.2 mi
  • Bus 71 0.2 mi
  • Bus 75 0.3 mi
  • Bus J14 0.3 mi
  • Bus 26 0.4 mi
  • Bus 6 0.4 mi
  • Bus 28 0.7 mi
  • Bus 67 0.7 mi
  • Bus 79 0.8 mi
  • Bus 30 1.0 mi
  • Metra Electric 0.3 mi
  • I 90 East 0.8 mi
  • I 90 West 2.6 mi
  • I 94 West 2.7 mi
  • I 94 East 2.8 mi
  • Hwy 57 4.3 mi
  • I 90 East 4.9 mi
  • Hwy 57 4.9 mi
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