7846 S Bennett Ave., Chicago, IL 60649

7846 S Bennett Ave., Chicago, IL 60649
Photo 1 of 16
$340,000
Beds Baths Sq. Ft. Taxes Built
5 0.00 0 $2,964.41 1922
On the market: 106 days

Est. Monthly Payment:

$2,283($2,036 + $247 taxes*)

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APPROVED
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Investor Opportunity - Three-Unit Potential Welcome to 7846 S Bennett Ave, an income-generating brick multi-unit located on a quiet residential block in Chicago's South Shore neighborhood. This property currently features two occupied units producing rental income plus an unfinished basement with potential to be converted into a third unit-a prime value-add opportunity for investors. Investment Highlights: * Three-Unit Potential: Two units are tenant-occupied, providing immediate cash flow. Basement is ready for build-out to add a third income stream. * Updated Features: Kitchens and baths have been refreshed, hardwood floors preserved, and layouts offer spacious living/dining areas. * Parking Advantage: Two-car detached garage increases rental appeal. * Location: Steps from CTA bus routes and the Metra Electric 79th St. station. Minutes from the lakefront, South Shore Cultural Center, local parks, shopping, and dining. Why Investors Will Love It: This property offers both stability and upside: current income with room to grow. Renovate the lower level to maximize NOI, or hold as-is with long-term tenants in place. Whether you're expanding your portfolio or entering the South Shore rental market, 7846 S Bennett is a solid addition.
Listing courtesy of Kelsey Kyser, Baird & Warner