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7317-19 S Luella Avenue Chicago, IL 60649

View on Map
Pending
$680,000

MULTI_FAMILY - Chicago, IL

Added:
Jun 23, 2025
Days on Market:
288
Last Refresh:
Apr 6 at 9:06 am

Property Features for 7317-19 S Luella Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
63
Bathrooms
42
Rooms
Bedroom 33, Basement, Bedroom 53, Bedroom 3, Bedroom 46, Bathroom 14, Bedroom 2, Bathroom 17, Bathroom 19, Bedroom 39, Bedroom 48, Bedroom 25, Bedroom 1, Bedroom 10, Bedroom 28, Bathroom 20, Bathroom 12, Bathroom 32, Bathroom 24, Bedroom 40, Bathroom 2, Bedroom 62, Bedroom 59, Bathroom 1, Bathroom 39, Bathroom 10, Bedroom 34, Bathroom 35, Bedroom 35, Bathroom 26, Bedroom 49, Bathroom 41, Bedroom 29, Bedroom 14, Bedroom 22, Bathroom 28, Bedroom 43, Bedroom 36, Bathroom 8, Bedroom 60, Bedroom 56, Bathroom 36, Bedroom 27, Bedroom 8, Bathroom 33, Bathroom 29, Bathroom 13, Bathroom 23, Bathroom 42, Bathroom 34, Bathroom 9, Bedroom 30, Bedroom 12, Bedroom 42, Bathroom 5, Bedroom 44, Bathroom 6, Bedroom 57, Bedroom 21, Bedroom 50, Bedroom 55, Bedroom 11, Bathroom 37, Bedroom 19, Bedroom 24, Bathroom 18, Bedroom 17, Bathroom 16, Bedroom 61, Bathroom 3, Bedroom 23, Bathroom 25, Bathroom 27, Bedroom 47, Bathroom 40, Bedroom 13, Bedroom 45, Bedroom 32, Bedroom 58, Bedroom 18, Bedroom 20, Bedroom 51, Bedroom 63, Bathroom 22, Bedroom 5, Bedroom 54, Bedroom 31, Bedroom 7, Bathroom 7, Bedroom 52, Bathroom 38, Bedroom 37, Bedroom 15, Bedroom 9, Bedroom 4, Bathroom 11, Bathroom 21, Bedroom 6, Bathroom 4, Bedroom 16, Bedroom 26, Bedroom 41, Bathroom 30, Bathroom 31, Bedroom 38, Bathroom 15
Fireplace
1
Basement
Partially Finished, Storage Space, Concrete, Exterior Entry
Standard status
Pending
APN
20252180040000

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
3818

Utilities

Cooling system
Window Unit(s)

Building Details

Year built
1927
Floors in Building
3
Number of units
6
Building materials
Brick, Concrete

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Listing Contact
Norma Lawson
Norma Lawson

Listing agent Norma Lawson License #475154858

Listing office EXIT Strategy Realty 2935 N. Clark St., Chicago, IL

Listing date Jun 23, 2025

MLS# 12402913

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Residential Multi-Unit Building Opportunity

This residential multi-unit building in the South Shore area presents an opportunity for investors or homeowners. The structure includes six units in total, all in excellent condition and currently rented to long-term tenants on month-to-month leases. The building features large picture windows in each living room. There are 18+ bedrooms and 14 bathrooms above grade. The basement has a family/recreational room, an additional bedroom, a full kitchen, and one and a half bathrooms, with front and back exits. The six above-grade apartments feature high ceilings, crown moldings, hardwood floors, six fireplaces, and Juliet balconies. Unit 2S tenant owns appliances, and the other five units include kitchen appliances that sell with the property. Each unit has separate cooking gas and electric. A shared outdoor cement patio is located in the back exterior. Parking is provided by two 2.5-car garages. The owner-occupied unit allows owner command over the property while also benefiting from rental income. All rented units generate a stable income and the building can be converted into condos. Located in a vibrant neighborhood, it's a short walk to parks, shops, cafes, public transportation, and the lakefront.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.569727
Latitude
41.762017

FAQs

What type of property is this?
Apartment building - Six-unit building in excellent condition with income potential.
Where is this apartment building located?
The property is located at 7317-19 S Luella Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Multi‑unit building with six apartments, all currently rented to long‑term tenants, providing immediate rental income.; Basement with a full kitchen, bedroom, one and a half bathrooms, and separate front/back exits, suitable as a separate living space.; Two spacious 2.5 car garages included, addressing parking needs.
More about this property
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