7910 S Greenwood Avenue
Chicago, IL 60619
- 11 beds
- 6 baths
- – sqft
- 3,049 sqft lot
- 2008 build
- – on site
Rare Opportunity: Option to Assume a 2.625% FHA Mortgage & Save Thousands Annually, Live Rent FREE & Get Paid $444/Monthly to Live Here! Save $986/Month & Over $380,000 in Interest By Securing This Historically Low Interest Rate! Ideal for Owner-Occupants or Savvy Investors, Recently Renovated in 2018, This Fully Occupied Brick 3-Unit Building Generates Strong Cash Flow! This Cash Flow King is the Rent Hack of All Rent Hacks - Have Existing Tenants Cover Mortgage, Taxes & Insurance and Live Rent Free! Only a Handful of Multi-Units in All of Illinois Qualify for an Interest Rate This Good! At Nearly 4,000 sq ft This True Triplex Boasts Two Spacious Units w/ 4 Beds | 2 Full Baths & One Unit w/ 3 Beds | 2 Full Baths! Well Maintained Building Includes Newer First Floor Water Heater, Windows & 3 Parking Spaces at the Rear of the Building! Conveniently Located Across From the Brand New 79th Street Metra Station & Mere Blocks Away From Lake Shore Drive, Transportation is Easily Accessible! A Short Distance From Several Major Economic Developments Unfolding in the Area! Don't Miss Out on This Opportunity to Invest in a Thriving Market! Tenants Pay Electric, Gas & Heat! Unit #1 Rented for $1150. Unit #2 Rented for $1,290. Unit #3 Rented for $1,320. Rents are Artificially Low for the Area. All Tenants are Month to Month! You Can Acquire This Building for $0 Down, a Cap Rate of 10.66% & Potential Cash-on-Cash Return of Over 360%!
Last checked:
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Checking…
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Last updated Apr 21, 2025
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MLS# 12337443 —
Upcoming Open Houses
-
Saturday, 4/26
10am-1pm -
Sunday, 4/27
12pm-3pm
The Building
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Year Built:2008
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Rebuilt:No
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New Construction:false
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Construction Materials:Brick
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Basement:None
Interior
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Rooms Total:18
Location
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Directions:79 St to Greenwood Ave
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Location:93989
The Property
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Parcel Number:20351050250000
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Property Type:Residential Income
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Lot Size Dimensions:25X124
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Lot Size Acres:0.07
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (847) 849-7748
- Office phone:
- (888) 574-9405
Taxes
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Tax Year:2023
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Tax Annual Amount:5227.59
Beds
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Bedrooms Total:11
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Bedrooms Possible:11
Baths
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Baths:6
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Full Baths:6
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Parking
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Parking Total:3
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Parking Features:Unassigned, On Site, Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/18/25
Apr 18, 2025
|
Listed / Active | MRED | $275,000 | -13.8% (-4.3% / YR) |
9/4/24
Sep 4, 2024
|
Listed / Active | MRED | ||
5/30/24
May 30, 2024
|
Listed / Active | MRED |