Residential Income for Sale: 7408 S Emerald, Chicago, IL 60621 SOLD
6 beds
$355,000
$355,000
7408 S Emerald,
Chicago, IL 60621 SOLD
6 beds
$355,000
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Selling Price: $355,000
Original List Price: $410,000
Sold at 86.6% of list price
Sold Date: 01/24/2025
Type Residential Income
Beds 6
Year Built 1913
City Chicago
County Cook
School District 299
MLS 12074286
Status Closed
Great Investment Opportunity! Solid Brick 4 Unit Building with 2 car detached brick garage and full, unfinished basement! Two - 2 bedroom units and two - 1 bedroom units - all with large living and dining rooms! Units 2 and 4 are currently rented month to month and Unit 3 is rented to a long term Section 8 tenant. Unit 1 is currently vacant. Unit1 has been recently painted and refreshed and units 2 and 4 were updated in 2020 with refinished hardwood floors, fixtures and interior paint! Water heater and furnace were replaced in 2022! Unit 1 needs updates/repairs. Rents haven't been increased since 2019 and could be substantially increased! SELLER IS SENDING NOTICES TO INCREASE CURRENT RENTS AND RENT THE VACANT UNITS AND NEW MONTHLY RENT IS EXPECTED TO Increase to 4,045. The seller will accept offer contingent on providing updated leases. Being sold As Is.
Room Features
Basement Description Unfinished
Lot & Building Features
Heating Forced Air, Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2023
Water Lake Michigan, Public
Lot Dimensions 40X144 ft
Price History of 7408 Emerald, Chicago, IL
| Date | Name | Price | Difference |
|---|---|---|---|
| 09/26/2024 | Price Adjustment | $355,000 | 11.25% |
| 08/21/2024 | Price Adjustment | $400,000 | 2.44% |
| 12/31/1969 | Listing Price | $410,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Keller Williams Preferred Rlty, Harry Ventimiglia & Jacqui Tracy
Sold by Kale Realty, Laura Young
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 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Keller Williams Preferred Rlty |