7846 Bennett Avenue, South Shore, Chicago, Illinois 60649
$340,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1922 |
| Property Taxes: | $2,964 |
| Days On Market: | 106 |
| Lot Size: | 0,00 |
Description
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.
Property Specifics
| Multi-unit | |
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| — | |
| 1922 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| 12423939 | |
| 20253290300000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 22 Dec, 2009 | Sold | $41,000 | MRED MLS |
| 8 Dec, 2009 | Under contract | $38,500 | MRED MLS |
| 12 Oct, 2009 | Listed for sale | $38,500 | MRED MLS |
| 13 Aug, 2019 | Sold | $50,000 | MRED MLS |
| 17 May, 2019 | Under contract | $50,000 | MRED MLS |
| 16 May, 2019 | Listed for sale | $50,000 | MRED MLS |
| 2 Oct, 2020 | Sold | $241,000 | MRED MLS |
| 9 Jul, 2020 | Under contract | $225,000 | MRED MLS |
| 13 May, 2020 | Listed for sale | $225,000 | MRED MLS |
| 18 Jul, 2025 | Listed for sale | $340,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| — | |
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| LESS THAN .25 ACRE | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2009 | $4,300 |
| 2019 | $1,034 |
| 2020 | $963 |
| 2025 | $2,964 |
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Listing Provided By
Baird & Warner
