7250 S Merrill AVE Chicago, IL 60649

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Cristina Gluszek

The Bempah Group

cristinagluszek@gmail.com +1(815) 557-3821

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12382675

Year Built 1916

Annual Tax Amount $5,293

Tax Year 2023

Lot Dimensions 50X125

Property Sub-Type Multi Family 5+

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.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Rooms

Basement Partially Finished, Unfinished

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Listed by Brian Mond • 33 Realty