Properties

Address Map
US
IL
Cook
Chicago
60649
Luella
7830
Avenue
W88° 25' 47.3''
N41° 45' 8.2''
South on 79th, east to Luella, north to 7830 S Luella
CHI - South Shore
S
MULTI
Additional Information
10758
: Brick
Circuit Breakers,Separate Meters,Service - 0 to 100 Amps
: Concrete Perimeter
126X60
6
3
Coldwell Banker Realty
Sybil Martin
Financial
5197
Listing Information
Paulette Edwards
107531
12293
Coldwell Banker Realty
117948
12293
Pending
2025-03-07T08:03:05Z
MRED
2025-03-05T21:04:55Z
Property Description

Discover a rare investment opportunity with this well-maintained 6-unit building, with the potential to generate an annual income of $100,000 and beyond. Each spacious unit features 2 bedrooms and 1 bath, thoughtfully designed with separate dining and living spaces, both offering access to a front sunroom that floods the space with natural light. Down the hallway, you’ll find generously sized bedrooms, each with access to a second sunroom, providing additional living space and flexibility. This thoughtfully-designed layout also offers the potential for a 3rd bedroom, maximizing rental income possibilities. The basement presents an exciting opportunity for expansion, with ample space to build out two additional units, significantly increasing the potential for rental income. The units are equipped with individual heating systems, which can reduce costs for the owner. Gleaming hardwood floors run throughout, adding a touch of elegance and durability. The building’s water heater, windows, and rear porches have been recently updated, enhancing efficiency and reducing maintenance concerns. Additionally, the property features garage parking in the rear with six dedicated spaces, providing yet another opportunity to generate additional income. Whether you’re looking to expand your investment portfolio or seek an owner-occupant scenario with rental income, this income-generating gem is not to be missed!

Commercial Sale For Sale

7830 S Luella Avenue, Chicago, Illinois 60649

$599,000
Listing ID#12145457
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12145457
Price : $599,000
Year Built : 1926
Listing Status : Pending
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