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7924 S Essex Avenue

Chicago, IL 60617

10 beds
7 baths
– sqft
3,750 sqft lot
1929 build
26 days on site

Rehab Project!!! Exciting changes are happening in South Shore, and this 4-unit building at 7924 S. Essex puts you right in the heart of it! This property offers an excellent opportunity to take on a rehab project and build significant equity. With major economic development underway, now is the time to secure your spot in one of Chicago's most promising neighborhoods. Just a short distance away, the upcoming mixed-use entertainment center at 7052 S. Jeffrey will bring a Creole restaurant, dine-in cinema, bowling alley, and event space-turning the area into a hotspot for dining and entertainment. South Shore is on the rise, with major investments reshaping the community. The Thrive Exchange project, a multi-million dollar mixed-use development at 7901 S. Exchange, will bring 43 affordable workforce housing units, retail spaces, and offices for Neighborhood Housing Services. Designed with community growth in mind, it will also feature a retail plaza, tenant amenities, and pedestrian-friendly spaces that enhance connectivity. This transformative project, backed by both public and private funding, is a game-changer for the area, providing new opportunities for businesses and residents alike. Additionally, the Obama Presidential Library is set to attract businesses, restaurants, and cultural destinations, adding long-term value. Improved infrastructure, better public transit, and planned green spaces are only adding to the area's appeal. With growing accessibility, easy transit access, and proximity to all these exciting changes, this property provides the perfect opportunity for someone to renovate the building and take advantage of the high ARV (After Repair Value). Whether you're looking to live in the building or invest in the area's booming market, this rehab project is the chance you don't want to miss to build equity and be part of South Shore's transformation!

Listing courtesy of MRED / Keller Williams Preferred Rlty as distributed by MLS GRID

Last checked: Checking… • Last updated Mar 31, 2025 •

MLS# 12293038 —

The Building

Year Built:

1929
Rebuilt:

No
New Construction:

false
Basement:

Walk-Out Access

Interior

Rooms Total:

24

Location

Directions:

79th St East of Yates to Essex to Building
Location:

61080
Location:

14856

The Property

Parcel Number:

21311010090000
Property Type:

Residential Income
Lot Size Dimensions:

30X125
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

6344

Beds

Bedrooms Total:

10
Bedrooms Possible:

10

Baths

Baths:

7
Full Baths:

4
Half Baths:

3

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Lake Michigan

Schools

Elementary School District:

299
Middle Or Junior School District:

299
High School District:

299

Parking

Parking Total:

3
Garage Type:

Detached
Garage Spaces:

3
Garage Onsite:

Yes

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
3/29/25 Mar 29, 2025	Sold Subject To Contingencies	MRED	$259,900
3/27/25 Mar 27, 2025	Listed / Active	MRED	$259,900
3/24/25 Mar 24, 2025	Sold Subject To Contingencies	MRED	$259,900

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This multifamily located in South Side, Chicago, IL 60617 is currently for sale for $259,900. 7924 S Essex Avenue is a – square foot multifamily with 10 beds and 7 baths that has been on Estately for 26 days. 7924 S Essex Avenue is in the South Side neighborhood of Chicago and has a WalkScore® of 68, making it somewhat walkable. This multifamily is in the attendance area of Chicago Vocational Career Academy High School and Edward Coles Elementary Language Academy.

Listing courtesy of MRED, Keller Williams Preferred Rlty, and Chretien Matz as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Mar 31, 2025, 07:10 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.