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Jamie Roth

[email protected] +1(847) 219-6400

$ 450,000

Est. payment -/mo

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Open Sun 2PM-4PM

7955 S Manistee AVE Chicago, IL 60617

9 Beds

3 Baths

3,049 Sqft Lot

Open House

Sun Aug 16, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12726116

Bedrooms 9

Year Built 2007

Annual Tax Amount $6,651

Tax Year 2024

Lot Size 3,049 Sqft

Lot Dimensions 25X124

Property Sub-Type Two to Four Units

Property Description

Whether you're looking to grow your investment portfolio or live in one unit while generating rental income from the others, this well-maintained three-unit building is an opportunity you won't want to miss. Each spacious unit features 3 bedrooms, 1 bathroom, a large outdoor space, and functional layouts designed for comfortable living. Unit 2 is vacant and move-in ready, making it ideal for an owner-occupant or for leasing at current market rents. Unit 1 is leased through January 2027, and Unit 3 is leased through August 2027, providing immediate rental income with established tenants already in place. Built in 2007, this newer-construction multi-family property offers many of the benefits buyers appreciate, including more modern systems and finishes than many of Chicago's older multi-unit buildings. The property has been well maintained, allowing the next owner to focus less on major updates and more on enjoying the investment. The location adds even more to the opportunity. Enjoy convenient access to shopping, restaurants, parks, schools, public transportation, major roadways, and Chicago's lakefront, while being positioned near some of the South Side's most significant current and future investments. Nearby developments include the Obama Presidential Center in Jackson Park and Quantum Shore, the massive lakefront redevelopment of the former U.S. Steel South Works site that will include the Illinois Quantum and Microelectronics Park and major technology investment. Combined with established neighborhood amenities and continued investment throughout the surrounding area, there's plenty happening in this part of Chicago. Whether you're house hacking, expanding your rental portfolio, or looking for a turnkey investment with income already in place, 7955 S. Manistee Ave. offers a compelling combination of space, income potential, newer construction, and location. All that's missing is YOU!

Location

State IL

County Cook

Area Chi - South Chicago

Zoning MULTI

Body of Water 3 FLAT

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air, Indv Controls

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Emiko Pope of Keller Williams Preferred Realty

NEARBY SCHOOLS & PROPERTIES

Jamie Roth

Broker | License ID: 471.000868

+1(847) 219-6400

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