Introducing 7847 S Essex Ave, a 28-unit multifamily investment opportunity located in Chicago's South Shore neighborhood. This well-positioned building offers investors the chance to acquire a sizable asset with strong income potential in a high-demand rental market minutes from Lake Michigan. The property is currently vacant and presents a significant opportunity for value add. Unit mix is 6 commercial, 14 one bedrooms, 8 studios. Extensive renovation is needed, this project is best for someone who has re-development experience. With consistent rental demand in the area, this asset presents an excellent opportunity for both seasoned investors and those looking to begin or expand their portfolio. The building is conveniently located with close proximity to public transportation, Obama Library, Museum of Science & Industry, Lake Shore Drive, local shops, the historic South Shore Cultural Center, and a $9 billion Quantum Computing Campus development! Don't miss out on your opportunity to impact be a part of the This is a rare opportunity to own and make a community impact by renovating a large multi-family property in one of Chicago's established and evolving neighborhoods. Schedule your private tour today!
Property Map
Please use the print button to include maps when printing.
For more information about 7847 S Essex, Chicago, IL 60649 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Keller Williams ONEChicago
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
