7716-18 S. East End Avenue is a 16-unit multifamily in Chicago's South Shore neighborhood. The offering consists of a well-maintained walk-up building comprised entirely of spacious one-bedroom units, providing an efficient and highly leasable unit mix. This investment presents a clear and executable value-add opportunity to significantly increase revenue through improved management and leasing, along with strategic unit renovations to capture market rents. Approximately one-third of the units have already received cosmetic upgrades, allowing a new owner to continue a proven renovation program and drive rental growth across the remaining units. In addition to strong in-place income, the property benefits from an on-site laundry facility, offering additional revenue potential and enhanced tenant appeal. With below-market rents, a straightforward operational upside, and a desirable location near the lakefront, this asset offers investors the opportunity to quickly unlock value and generate meaningful returns in one of Chicago's most established and accessible neighborhoods.
Listed By
Agency Name: Essex 312, LLC
Agency Phone: 773-305-4858
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimated Payment
$ 4,323.17 per month $2,615.04 Principal & Interest $1,365.42 Property Tax $342.71 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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7716-18 S East End Avenue | MLS# 12667434
This multi-family property located at 7716-18 S East End Avenue, Chicago, IL 60649 is currently listed for sale with an asking price of $1,175,000. Search Chicago real estate on www.bhhscrosby.com today.