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7701 S Eggleston Avenue Chicago, IL 60620

$440,000
Contingent / MLS# 12510466 / Multi Unit - Multiple / Chicago
0 Beds
6528 SqFt

9-Unit All-Brick Cash Cow Located on a Quiet Block in Chicago's Hidden Gem - Winneconna Parkway! Check Out This incredible Investment Opportunity Located in One of Chicago's Most Unique & Desirable Residential Enclaves! Situated in Historic Winneconna Parkway, This All-Brick 9-Unit Building Offers Both Strong Current Cash Flow and Major Upside Potential! Featuring Six (2 Bed / 1 Bath) Units and Three (1 Bed / 1 Bath) Units - Totaling 15 Bedrooms and 9 Bathrooms! Fully Rented w/ All Cash Tenants on Month-to-Month Leases! Below-Market Rents w/ the Ability to Increase $100-$300 Per Month Per Unit, Significantly Boosting NOI! Most Units Have Gorgeous Hardwood Floors and Separate Living & Dining Rooms! Boiler System Under 8 Years Old - Reducing Near-Term Maintenance Costs! All Units Include Stoves & Refrigerators. Large Building w/ 6528 sq ft & Multiple Basements. Beyond the Numbers, This Building is Located in the Winneconna Parkway / Auburn Park Area, a True Hidden Treasure in One of the Nicest Residential Blocks in All of Chicago. Developed in the Late 1800s on Land Once Owned by Chicago's First Mayor, William B. Ogden, the Area is Known for its Serene Lagoons, Charming Bridges & Historic Architecture! This is More Than Just an Apartment Building-it's an Opportunity to Own Property in a Historically Rich & Highly Promising Area of Chicago. New Metra Auburn Park Station, Located Near Winneconna Parkway and 79th Street, is Scheduled to Open in 2026! The 79th Street Corridor Plan is Set to Completely Revitalize and Transform the Area w/ a Vibrant Mix of New Uses! Don't Miss Out on This Rare 9-Unit Money Maker w/ Massive Upside Potential! Cash, Hard Money, DSCR loan, Commercial Stated Income/No Doc Loan, Bridge Loan or Small Balance Commercial Loans Only!

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Baird & Warner Jack Persin Agent Cell: 630.240.4282 Email

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Estimated Payment

$ 2,098.28 per month $977.78 Principal & Interest $992.17 Property Tax $128.33 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.12 Acres
Stories: 3.0
Taxes: $11,906
Year Built: 1924

Feature Descriptions

Current Use: Multi-Family
Electric: Circuit Breakers
Exterior: Brick
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Gas, Hot Water, Radiators, Radiant
Location: Park Adjacent, Water View
Lot Dimensions: 39X133
Parcel#: 20283200010000
Potential Use: Multi-Family
Tenant Pays: Electricity, Other
Units: 9

Location

See details and scored characteristics about this location.

Listing Office: eXp Realty - Chicago North Ave

Listing Office Phone: 888-574-9405



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