Chicago, IL 60649 7900 S Merrill Avenue
$825,000
18 more
Presented By: HomeSmart Realty Group
Beds • 2
Home Details
The property is a 15-unit corner courtyard apartment building located in Chicago's South Shore neighborhood. Spacious 2-bedroom & 1 bath units. Multiple units have been renovated. Ten out of the fifteen are occupied. Current rents are below market rate. Great investment with some improvement needed. Newer windows were installed around 2015, and a new boiler system was installed in 2023. Each unit has individual circuit breakers. There is a full basement with a maintenance storage room. Eleven parking spaces behind the building. The owner is selling "as is".
Presented By: HomeSmart Realty Group
Interior Features for 7900 S Merrill Avenue
Other Interior Features
BasementUnfinished
Other Rooms
General for 7900 S Merrill Avenue
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
Current UseMulti-Family
Directions79th St and Merrill Ave
ElectricCircuit Breakers
Electric Expense1981
Fuel Expense12814
Gross Income133500
Insurance Expense2200
Lot Size Square Feet3125
MLS AreaCHI - South Chicago
Maintenance Expense7500
ModificationTimestamp2025-08-06T16:20:02.446Z
Net Operating Income23802
Number Of Units Total15
Operating Expense86341
PossessionImmediate
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount21015
Tax Year2023
Tenant PaysElectricity
Trash Expense2790
Water Sewer Expense7930
Year Built1960
ZoningMULTI
Exterior for 7900 S Merrill Avenue
Frontage TypeCity Street
Lot Dimensions3125
Additional Details
Price History
