7043 S Clyde Avenue

Chicago, Illinois 60649
Closed / MLS #11824611 / Multiple Family / South Shore
Listing information updated 10/31/2023 at 5:23pm
Welcome to Jackson Park, the finest area in South Shore, where an exceptional opportunity awaits you. This 6-unit building boasts a desirable layout, with each unit featuring 2 spacious bedrooms and 1 bathroom. Individual utilities ensure convenience and flexibility for both tenants and landlords. Renovated to perfection in 2016, this building underwent a complete transformation from top to bottom. Every unit was meticulously remodeled, allowing the contractor to start with a clean slate. The result? A fresh, modern living space for each resident. The renovations encompassed new windows, updated electrical systems, upgraded plumbing, efficient furnaces, stylish cabinets, pristine drywall, and attractive flooring. The use of professional-grade materials and the attention to detail in the renovations make this property an exceptional addition to your investment portfolio. Tuckpointing & lentils were completed in 2023. Convenience is key, as this property is situated in close proximity to shopping centers and transportation options, ensuring easy access to amenities and commuting routes. Moreover, the highly anticipated Obama Library, currently under construction nearby, promises to further enhance the value of the area in the coming years. There exists a notable potential to enhance the property's value through the upward adjustment of current below-market lease rates to align with prevailing market-level lease rates during the time of renewal or execution of new leases.

Full Features

Exterior Type:
Brick
Basement:
Unfinished
Water Front:
No
Square Feet:
9,486
Acreage:
0.14
Built:
1918
Parking Spaces:
6
Cooling System:
None
Stories:
3
Roof:
Reflective Coating
Current Use:
Multi-Family
Potential Use:
Multi-Family
Zoning:
MULTI
Building Square Feet:
9,486
Current Net Income:
$45,103
Unit 1:
6 room(s) / 2 bed(s) / 6 bath(s)

Taxes & Assessments

Tax Amount:
$7,440
Tax Year:
2021

Location

Zip Code:
60649
City:
Chicago
County:
Cook
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Not quite what you are looking for?

Similar listings for sale near 7043 S Clyde Avenue, Chicago, IL 60649


Like the area?

More homes for sale near 7043 S Clyde Avenue, Chicago, IL 60649


7043 S Clyde Avenue is a multiple family which sold for $590,000. This multiple family has been listed on @properties since July 6th, 2023 and was built in 1918. The nearest transit stops include Bryn Mawr Metra Metra Metra Electric South Chicago Branch line.