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Sally Thompson

sally.thompson@engelvoelkers.com +1(847) 208-0432

$ 149,900

Est. payment -/mo

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7139 S Saint Lawrence AVE Chicago, IL 60619

5 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12769584

Bedrooms 5

Year Built 1910

Annual Tax Amount $3,556

Tax Year 2024

Lot Dimensions 25 X 125

Property Sub-Type Two to Four Units

Property Description

Investor and rehabber opportunity! This brick 2-flat has already been cleanly gutted down to the studs, giving the next owner a true blank slate without having to tackle the messy demolition phase. The property is ready for a buyer to come in, complete the put-back, and transform it into a great income-producing property or investment. Offering a total of 5 bedrooms and 2 bathrooms, the existing two-unit configuration provides plenty of potential for a thoughtful renovation and modern finishes throughout. The unfinished basement also presents additional space and an opportunity to expand the property's overall functionality and value, subject to zoning and applicable building requirements. With the demolition already completed, buyers can focus their time and capital on rebuilding rather than tearing out. Solid brick construction, multi-unit potential, and additional basement space make this an excellent value-add opportunity for an investor looking for their next Chicago project. Property is being sold AS-IS. Buyer to perform their own due diligence and verify zoning, unit configuration, basement use, room counts, and renovation requirements.

Location

State IL

County Cook

Area Chi - Greater Grand Crossing

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Balcony

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition REO/Lender Owned

Listed by Caden Wakim of GenStone Realty

NEARBY SCHOOLS & PROPERTIES

Sally Thompson

+1(847) 208-0432

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