7716-18 S East End Avenue
Chicago, IL, 60649
$1,175,000
1 Beds
1 Baths
0 SqFt
0 Acres
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MLS #MRD12667434 image #0
7716-18 S. East End Avenue is a 16-unit multifamily in Chicago’s South Shore neighborhood. The offering consists of a well-maintained walk-up building comprised entirely of spacious one-bedroom units, providing an efficient and highly leasable unit mix. This investment presents a clear and executable value-add opportunity to significantly increase revenue through improved management and leasing, along with strategic unit renovations to capture market rents. Approximately one-third of the units have already received cosmetic upgrades, allowing a new owner to continue a proven renovation program and drive rental growth across the remaining units. In addition to strong in-place income, the property benefits from an on-site laundry facility, offering additional revenue potential and enhanced tenant appeal. With below-market rents, a straightforward operational upside, and a desirable location near the lakefront, this asset offers investors the opportunity to quickly unlock value and generate meaningful returns in one of Chicago’s most established and accessible neighborhoods.

Property Details

Price:
$1,175,000
MLS #:
MRD12667434
Status:
Active
Beds:
1
Baths:
1
Type:
Commercial
Neighborhood:
chisouthshore
Listed Date:
Jun 3, 2026
Year Built:
1929
Chi – South ShoreChisouthshore

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Schools

Interior

Exterior

Stories
4

Financial

Maintenance Fee
$8,000
Net Operating Income
$95,987
Tax Year
2024
Taxes
$16,385

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 14, 2026
924
Commercial Listed
185
Avg DOM
$992,888
Avg List Price

Property Summary

    7716-18 S East End Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60649. It is listed for $1,175,000

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