Chicago, IL 60649 7846 S Bennett Avenue
$340,000



11 more











Presented By: Baird & Warner
Home Details
Investor Opportunity - Three-Unit Potential Welcome to 7846 S Bennett Ave, an income-generating brick multi-unit located on a quiet residential block in Chicago's South Shore neighborhood. This property currently features two occupied units producing rental income plus an unfinished basement with potential to be converted into a third unit-a prime value-add opportunity for investors. Investment Highlights: * Three-Unit Potential: Two units are tenant-occupied, providing immediate cash flow. Basement is ready for build-out to add a third income stream. * Updated Features: Kitchens and baths have been refreshed, hardwood floors preserved, and layouts offer spacious living/dining areas. * Parking Advantage: Two-car detached garage increases rental appeal. * Location: Steps from CTA bus routes and the Metra Electric 79th St. station. Minutes from the lakefront, South Shore Cultural Center, local parks, shopping, and dining. Why Investors Will Love It: This property offers both stability and upside: current income with room to grow. Renovate the lower level to maximize NOI, or hold as-is with long-term tenants in place. Whether you're expanding your portfolio or entering the South Shore rental market, 7846 S Bennett is a solid addition.
Presented By: Baird & Warner
Interior Features for 7846 S Bennett Avenue
Bedrooms
Bedrooms Possible5
Total Bedrooms5
Bathrooms
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
General for 7846 S Bennett Avenue
Architectural StyleBi-Level
CityChicago
Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick
CountyCook
Directions79th Street east or west to Bennett Avenue. North to address.
Elementary School District299
Garage Spaces2
HeatingNatural Gas, Radiator(s)
High School District299
MLS AreaCHI - South Shore
Middle/Junior School District299
ModificationTimestamp2025-10-08T18:50:02.121Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount2964.41
Tax Year2023
Total Rooms11
TownshipHyde Park
Year Built1922
Exterior for 7846 S Bennett Avenue
Lot DimensionsLESS THAN .25 ACRE
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan, Public
Waterfront Y/NNo
Additional Details
Price History
