Chicago, IL 60619 7335 S Michigan Avenue
$525,000
27 more
Presented By: Keller Williams Preferred Rlty
Beds • 2
Home Details
Popular and well-maintained brick 6-unit property featuring spacious modern 1,000 sq. ft. A-tier units thoughtfully designed with formal Living Rooms, Dining Rooms, and sun parlor spaces. Nestled on a quiet residential block, this building offers a large rear yard and a 4-car brick garage, providing both comfort and convenience for tenants. The property is fully occupied, ensuring immediate income, with significant upside potential in rental revenue for the next owner. This is a turnkey investment opportunity from a long-term owner now retiring. Showings require proof of substantial liquidity or a commercial lender pre-approval. Serious inquiries only.
Presented By: Keller Williams Preferred Rlty
General for 7335 S Michigan Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
Directions71st to Michigan Ave, South to building
ElectricCircuit Breakers
Electric Expense360
Fuel Expense6995
Gross Income77100
Insurance Expense7241
MLS AreaCHI - Greater Grand Crossing
MaintenanceExpense
ModificationTimestamp2025-09-09T16:03:01.759Z
Net Operating Income57844
Number Of Units Total6
Operating Expense19256
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount6200
Tax Year2023
Tenant PaysElectricity
Trash Expense1560
Water Sewer Expense3100
Year Built1912
ZoningMULTI
Exterior for 7335 S Michigan Avenue
Lot Dimensions30x125
Additional Details
Price History
