7900 South Essex Avenue

7900 South Essex Avenue, Chicago, IL 60617

  • For Sale $2,375,000
  • Property Type Multi-Family
  • Property Size 123 SF
  • Units 36
  • Additional Rent Contact for pricing
  • Date Updated Oct 23, 2024
7900 South Essex Avenue is located on the South side of 79th Ave and West side of S Essex Ave in the heart of the South Shore Neighborhoods. This property's location in the South Shore gives it unmatched accessibility to transportation that makes it attractive to residents looking to escape the congested sections of the city. The property is within walking distance from a multitude of shops, cafes, restaurants, and grocery stores such as Subway, Family Dollar, Joji Gyros, Krazy Kake House, Jamican Tropical Cuisine, and Walgreens. In addition, this property benefits from excellent transportation links serviced by the Cheltenham/79th Metra stop within walking distance giving access to Metra lines trains into downtown. For those who drive highway I-94/90 running North South next to downtown make it easy to reach every part of the city. Located within walking distance of Eckersail Park. One of the best parts of the South Shore neighborhood is, well, the shore. The area is home to a pristine stretch of lakefront that includes one of the city’s largest beaches. Wander away from the water and into the neighborhood to discover a wealth of rich cultural offerings and eye-catching architecture. Just north of Rainbow Beach Park, the South Shore Cultural Center is one of the neighborhood’s crown jewels. Housed in a former country club, the center is nestled on manicured, picnic-worthy grounds that include a nature sanctuary, a butterfly garden, and a nine-hole golf course. Inside, you’ll find a rich array of cultural programming, a restaurant run by the in-house culinary institute, and a theatre that hosts a variety of community groups like the South Shore Opera. The center was also the site of Barack and Michelle Obama’s wedding reception. Predominantly a middle-class African American community on the city's south side, South Shore was at one time promoted as a vacation spot for wealthy Chicagoans and a destination for the elite. The neighborhood's jewel, the South Shore Cultural Center, was formerly known as the South Shore Country Club. A typical commute to the Loop from the South Shore using public transportation is around 30 to 45 minutes, door to door. By car, a typical drive to the Loop without traffic would take about 30 minutes, and a trip to Midway Airport would be 45 to 55 minutes. The neighborhood has great transit and solid bike infrastructure.33 Realty is delighted to present for sale 36 units at 7900 South Essex Avenue, Chicago, 60617 nestled in the vibrant heart of South Shore. With the Cheltenham/79th St. Metra line stop blocks away and a mere 30-minute commute into downtown, this location offers unparallelled convenience and accessibility. The property has 36 units consisting of:  Seventeen 1 Bed / 1 Bath units ~ 700 SF Each  Fifteen 2 Bed / 1 Bath units ~ 800 SF Each  One 2449 STORE unit ~ ? SF  One 2451 STORE unit ~ ? SF  One 2455 STORE unit ~ ? SF  One 2459 STORE unit ~ ? SF Beyond its attractive unit mix, 7900 South Essex Avenue offers immediate access to a flourishing neighborhood. With no renovations required, investors can seamlessly capitalize on its existing and future cash flow making it a rare gem in today's market. Don't miss out on the chance to acquire this high performing asset in the dynamic South Shore neighborhood.

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Highlights

  • Access to the Cheltenham/79th St. and 79th St. (Chatham) Metra stops
  • Ability to raise rents with no renovations
  • Within a 45 drive from Midway Airport
  • Access to I-90/94
  • Mix of 1's, and 2's with retail
  • Opportunity for investor to add value by increasing rents to market
  • South Shore Neighborhood
  • Situated three blocks from Eckersall Park
  • Individual heat and hot water in-unit
  • Central air conditioning in each unit
  • 100% occupied

Contacts

broker

Brian Mond

33 Realty

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Transit Score ®

    64/100 Good Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood South Chicago
  • Zip Code 60617
  • Market Chicago

Points of Interest

  • Windsor Park

    0.55 miles

  • 83rd Street

    0.78 miles

  • South Shore

    0.96 miles

  • 87th Street

    1.21 miles

  • Stony Island

    1.59 miles

  • South Chicago (93rd Street)

    1.86 miles

  • 63rd Street

    2.38 miles

  • 55th-56th-57th Street

    3.11 miles

  • 51st-53rd Street (Hyde Park)

    3.66 miles

  • 95th/Dan Ryan

    3.73 miles

  • Citgo

    0.12 miles

  • All Star

    0.21 miles

  • GoLo

    0.49 miles

  • Amstar

    0.56 miles

  • Fuel Star

    0.71 miles

  • Midwest

    0.85 miles

  • BP

    1.15 miles

  • ChargePoint

    3.12 miles

  • Tesla Supercharger

    4.43 miles

  • eVgo

    8.88 miles

  • 83rd Street Metra Park & Ride

    0.78 miles

  • 93rd St. (South Chicago) Station Parking Lot

    1.98 miles

  • Trailer Parking

    2.09 miles

  • Dorchester Parking Lot

    2.71 miles

  • Chapin Hall Parking Lot

    2.77 miles

  • Kimbark South Parking Garage

    2.79 miles

  • Lexington Parking Lot

    3.10 miles

  • Campus South Parking

    3.12 miles

  • Parking/Materials Management

    3.32 miles

  • Medical Campus Parking Garage A

    3.38 miles

  • South Shore Motel

    1.12 miles

  • Skyway Motel

    1.94 miles

  • East of the Ryan

    1.96 miles

  • Stony Island Motel

    1.97 miles

  • Empire Motel

    2.13 miles

  • Admiral Motel

    2.63 miles

  • The Study at the University of Chicago

    2.86 miles

  • Best Motel

    3.12 miles

  • Sophy Hotel

    3.60 miles

  • Hyatt Place Chicago-South/University Medical Center

    3.60 miles

  • McDonald's

    0.06 miles

  • Big Sharks

    0.49 miles

  • Imani's Original

    0.52 miles

  • Rainbow Beach Sub Shop

    0.53 miles

  • Taste Jamaica

    0.54 miles

  • Little Caesars

    0.55 miles

  • L&G Restaurant

    0.57 miles

  • Rocky's Pancake House

    0.77 miles

  • Carl's Red Hots

    0.80 miles

  • Kennedy Fish and Chicken

    0.90 miles

  • Bradwell Elementary School

    0.40 miles

  • Our Lady of Peace School

    0.58 miles

  • Horace Mann Elementary School

    0.60 miles

  • Saint Bride's School

    0.63 miles

  • Coles Elementary School

    0.67 miles

  • Excel Academy of South Shore

    0.68 miles

  • Great Lakes Academy

    0.70 miles

  • Camelot Academy

    0.71 miles

  • Second Chance Tutoring

    0.71 miles

  • Adam Clayton Powell, Jr. Paideia Academy

    0.74 miles

  • Kenyatta's Day Care and Learning Center

    0.57 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    0.85 miles

  • DJ Brooks Child Development Center

    1.66 miles

  • Shining Star Child Development

    1.74 miles

  • Restoring the Seed Childcare

    2.38 miles

  • Mari's Bumble Bee Academy

    2.39 miles

  • Shiloh Nursery

    3.19 miles

  • Child's World Academic Inc.

    3.23 miles

  • UChicago Child Development Center - Drexel

    3.52 miles

  • Daycare

    5.19 miles

Frequently Asked Questions

How much does 7900 South Essex Avenue cost?

The space currently listed for sale at 7900 South Essex Avenue asks for $2,375,000.

What is the total square footage of 7900 South Essex Avenue?

7900 South Essex Avenue totals 123 square feet.

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Contact Listing Broker

broker

Brian Mond

33 Realty