Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Chicago South Side Investment Opportunity Title is generated by Realmo AI

    7524 S Ellis Avenue, Chicago, IL 60619

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $249,000

    MULTI_FAMILY - Chicago, IL

    Lot size:
    0.07 Acres
    Added:
    Apr 7, 2026
    Days on Market:
    80
    Last Refresh:
    Jun 25 at 7:06 pm

    Property Features for 7524 S Ellis Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 7, Bedroom 6, Bedroom 8, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 4, Basement
    Basement
    Full, Unfinished
    Standard status
    Active Under Contract
    APN
    20263030220000
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    1055

    Utilities

    Heating system
    Natural Gas, Forced Air

    Building Details

    Year built
    1888
    Building materials
    Brick

    We can help!

    Contact an agent
    Dan Nelson

    Listing agent Dan Nelson License #475189264

    Listing office Compass 1643 N Milwaukee Ave, IL

    Listing date Apr 7, 2026

    MLS# 12606267 Listing URL

    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.

    HighLights

    • Legal 2‑unit property with two spacious units, each offering 4 bedrooms and 1 bathroom
    • Brick construction with forced‑air heating and natural gas
    • Major updates include a brand‑new roof (2026) and newer copper plumbing, electrical, HVAC, and water heaters
    • Separate utilities for each unit
    • Full unfinished basement with 7‑foot ceilings

    Overview

    This legal 2-unit property on Chicago's South Side presents an excellent cash-flowing investment opportunity. Each of the two spacious units features 4 bedrooms and 1 bathroom, catering to strong rental demand. The units have been previously updated with modern finishes, including 42-inch espresso kitchen cabinets, granite countertops, and glass/stone backsplashes. The bathrooms feature updated vanities, lighting, fixtures, and mirrors. Major improvements include a brand-new roof in 2026, as well as newer copper plumbing, electrical, HVAC systems, and water heaters. Each unit has separate utilities. The property also features a full unfinished basement with 7-foot ceilings, offering value-add potential for a future additional unit or continued use as storage and laundry space. Situated on a 0.07-acre lot, the property is conveniently located near expressways, schools, shopping, and public transportation, and is just a few minutes from Hyde Park and downtown Chicago. The property's low taxes, without a current homeowner exemption, enhance its appeal. This property is suitable as an addition to a rental portfolio or for owner-occupants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.600843
    Latitude
    41.757817

    Nearby Similar for Sale

    • $1,300,000
      6,400 SF

      Renovated Chicago Industrial Flex Warehouse

      6,400 SF renovated industrial flex warehouse in Chicago for sale.
      3146 W Chicago Avenue, Chicago, IL 60622
      View Details
    • $949,000
      4,055 SF

      Turnkey Restaurant Venue with PPA License

      Fully renovated restaurant with licenses and uncommitted VGT potential.
      7455 W Irving Park Road, Chicago, IL 60634
      View Details
    • $949,000
      4,055 SF

      Turnkey Restaurant Venue with PPA License

      Fully renovated restaurant with licenses and VGT potential in Chicago.
      7455 W Irving Park Road, Chicago, IL 60634
      View Details
    • $949,000
      4,055 SF

      Turnkey Restaurant Venue with Licenses

      Fully renovated restaurant with licenses and residential unit for sale.
      7455 W Irving Park Road, Chicago, IL 60634
      View Details
    • $649,000
      2,176 SF

      Turnkey Restaurant Opportunity in Chicago

      Below-market lease in East Lakeview, fully equipped restaurant with assets.
      420 W Belmont Avenue, Chicago, IL 60657
      View Details
    • $759,000
      5,000 SF

      Prime Retail Space in Chicago

      Commercial property in a high-traffic retail district.
      4411 N Kedzie Avenue, Chicago, IL 60625
      View Details
    • $1,295,000
      9,744 SF

      Chicago Office Building with Parking

      Two-story office building in Chicago's Clearing neighborhood.
      6350 W 63rd Street, Chicago, IL 60638
      View Details
    • $1,700,000

      Convenience Store Retail Building with Parking

      Turnkey convenience store in brick masonry with outdoor parking, surveillance, workstations, and restrooms—ready for immediate operation.
      5132 S Racine Avenue, Chicago, IL 60609
      View Details
    • $459,000
      3,000 SF

      Chicago Commercial Buildings For Sale

      Three commercial buildings in a busy Chicago neighborhood retail location.
      1753-1759 W 79th Street, Chicago, IL 60620
      View Details
    • $2,379,100
      10,000 SF

      Chicago Commercial Space for Sale

      Versatile commercial property in a prime Chicago location.
      1612-16 N Throop Street, Chicago, IL 60642
      View Details
    • $625,000
      4,593 SF

      Fulton River District Commercial Loft

      Classic timber loft in Fulton River District, Chicago.
      566 W Lake Street, Chicago, IL 60661
      View Details
    • $549,900
      2,806 SF

      Wicker Park Corner Retail Building

      2,806 SF retail building in prime Wicker Park location.
      2357 W North Avenue, Chicago, IL 60647
      View Details

    FAQs

    What type of property is this?
    Duplex - Legal 2-unit property with modern updates and income potential.
    Where is this duplex located?
    The property is located at 7524 S Ellis Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Legal 2‑unit property with two spacious units, each offering 4 bedrooms and 1 bathroom; Brick construction with forced‑air heating and natural gas; Major updates include a brand‑new roof (2026) and newer copper plumbing, electrical, HVAC, and water heaters
    (773) 466-7150
    We can help!
    Contact an agent
    Dan Nelson
    Real Estate License ID: 475189264
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7524 S Ellis Avenue, Chicago, IL 60619
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!