7524 S Ellis Avenue, Chicago, IL 60619
Local realty services provided by:CENTURY 21 New Heritage
7524 S Ellis Avenue,Chicago, IL 60619
$249,000
- 8 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: dan nelson, rodolfo gonzalez
Office: compass
MLS#:12606267
Source:MLSNI
Price summary
- Price:$249,000
About this home
Excellent cash-flowing investment opportunity on Chicago's South Side. This legal 2-unit property features two incredibly spacious units, each with 4 bedrooms and 1 bathroom, making it highly attractive for strong rental demand. Previously updated with modern finishes throughout, the units include 42-inch espresso kitchen cabinets, granite countertops, and stylish glass/stone backsplashes. Bathrooms feature updated vanities, lighting, fixtures, and mirrors. Major improvements include a brand-new roof (2026) and newer copper plumbing, electrical, HVAC systems, and water heaters. Each unit has separate utilities, making it an efficient investment property. The property also features a full unfinished basement with 7-foot ceilings, offering excellent value-add potential for a future additional unit or continued use as storage and laundry space. It is conveniently located near expressways, schools, shopping, and public transportation, just a few minutes from Hyde Park and downtown Chicago. Taxes are low, with no homeowner exemption currently applied. This is a rare opportunity where space, updates, and income potential come together. It is a perfect addition to any rental portfolio or ideal for owner-occupants....
Contact an agent
Home facts
- Year built:1888
- Listing ID #:12606267
- Updated:July 30, 2026 at 08:34 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:14
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1888
- Lot area:0.07 Acres
Utilities
- Water:Lake Michigan
Finances and disclosures
- Price:$249,000
- Tax amount:$1,055 (2023)
New listings near 7524 S Ellis Avenue
- New
$799,000Active3 beds 3 baths2,100 sq. ft.2943 N Lincoln Avenue #212, Chicago, IL 60657
MLS# 12696616Listed by: COLDWELL BANKER REALTY - New
$350,000Active2 beds 2 baths4848 N Central Avenue #209, Chicago, IL 60630
MLS# 12715173Listed by: ENGEL & VOELKERS CHICAGO - New
$168,900Active1 beds 1 baths5406 S Harper Avenue #303, Chicago, IL 60615
MLS# 12716032Listed by: CHARLES RUTENBERG REALTY OF IL - Open Sat, 12 to 5pmNew
$319,000Active5 beds 2 baths1,200 sq. ft.9606 S Eggleston Avenue, Chicago, IL 60628
MLS# 12718618Listed by: CIRCLE ONE REALTY - New
$724,900Active17 beds 6 baths5714 S Prairie Avenue, Chicago, IL 60637
MLS# 12718646Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$550,000Active2 beds 2 baths2220 N Seeley Avenue #2, Chicago, IL 60647
MLS# 12718656Listed by: COMPASS - New
$637,000Active3 beds 2 baths1,500 sq. ft.2018 S Loomis Street #3, Chicago, IL 60608
MLS# 12718670Listed by: BAIRD & WARNER - New
$204,999Active1 beds 1 baths800 sq. ft.5024 N Austin Avenue #2E, Chicago, IL 60630
MLS# 12719391Listed by: HOMESMART CONNECT LLC - New
$299,000Active5 beds 3 baths2,200 sq. ft.8140 S Elizabeth Street, Chicago, IL 60620
MLS# 12719407Listed by: REALTY OF AMERICA, LLC - New
$549,900Active3 beds 2 baths1,850 sq. ft.555 N Artesian Avenue #L, Chicago, IL 60612
MLS# 12719438Listed by: WORTH CLARK REALTY