7524 S Ellis Avenue Chicago, IL 60619
- Added:
- Apr 7, 2026
- Days on Market:
- 32
- Last Refresh:
- May 8 at 4:06 am
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 4, Bedroom 7, Bedroom 8, Basement, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 1
- Basement
- Full, Unfinished
- Standard status
- Active
- APN
- 20263030220000
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 1055
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1888
- Building materials
- Brick
Listing agent Dan Nelson License #475189264
Listing office Compass 1643 N Milwaukee Ave, IL (773) 466-7150
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
- Excellent cash‑flowing investment opportunity with strong rental demand due to two spacious 4‑bedroom units.
- Recently updated with modern finishes including 42‑inch espresso kitchen cabinets, granite countertops, and updated bathrooms.
- Major system upgrades: Brand‑new roof (2026), newer copper plumbing, electrical, HVAC systems, and water heaters.
- Full unfinished basement with 7‑foot ceilings offers value‑add potential for an additional unit or storage.
- Separate utilities for each unit, enhancing efficiency and tenant management.
- Convenient location near expressways, schools, shopping, public transportation, Hyde Park, and downtown Chicago.
Overview
Chicago South Side Investment Opportunity
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
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.600843
- Latitude
- 41.757817
Nearby Similar for Sale
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: Excellent cash‑flowing investment opportunity with strong rental demand due to two spacious 4‑bedroom units.; **Recently updated with modern finishes including 42‑inch espresso kitchen cabinets, granite countertops, and updated bathrooms.**; Major system upgrades: Brand‑new roof (2026), newer copper plumbing, electrical, HVAC systems, and water heaters.
