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37 Properties Within 0.5 miles of: 7846 S Bennett, Chicago

7846 S Bennett
Chicago, IL 60649

  • 5 Beds
  • Built In 1922
Price

$340,000

Est Payment
$2,049 / month (details)  
Taxes
$2,964  
Beds
5  
Rooms
11  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
LESS THAN .25 ACRE  
Built
1922  
Neighborhood
South Shore  
MLS
#12423939
Status
Active (99 days)

Property Description

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Radiator(s)
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Garage Door Opener, On Site, Garage Owned, Detached, Garage
Schools
District 299

Payment Calculator

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

Listing History

07-18-2025 Listed at $340,000
Last Modified 10/8/25 1:49 PM

Nearby Transportation

  • Bus 79 < 0.1 mi
  • Bus 15 0.1 mi
  • Bus J14 0.1 mi
  • Bus 30 0.3 mi
  • Bus 28 0.3 mi
  • Bus 75 0.5 mi
  • Bus 5 0.5 mi
  • Bus 95 0.5 mi
  • Bus 71 1.0 mi
  • Bus 87 1.0 mi
  • Bus 26 1.2 mi
  • Bus 6 1.2 mi
  • Metra Electric 1.0 mi
  • I 90 East 0.5 mi
  • I 90 West 2.0 mi
  • I 94 West 2.4 mi
  • I 94 East 2.4 mi
  • Hwy 57 3.5 mi
  • Hwy 57 4.2 mi
  • I 90 East 4.4 mi
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