7339 S Bennett Ave Chicago, IL 60649
South Shore NeighborhoodEstimated payment $1,039/month
About This Home
Located in the highly sought after south shore community this is a rare value add opportunity where a large two unit has been brought to the studs and offers a buyer with vision a change to bring this back to life! The building has a great exterior appeal with solid brick exterior, large wide lot with side driveway, which is rare, and a side entrance allowing more usable sq footage in each unit! The prior layout offered two bedrooms per unit however with the large living room and dining room there is plenty of space to convert this building into offering 3-bedroom units which will increase rent potential! The units are very spacious, large sun-drenched living rooms, formal dining room along with a full basement which can be finished for a third unit, and you will really see your equity soar! Live in one unit rent the others out or rent them all out for long term cash flow potential, any way you look at this it is a win win situation! Do not overlook the location, minutes from the Lakefront, close to public transportation along with the skyway, this building will not last long at this price basis! Get inside today to appreciate all this has to offer!
Listing Agent
RE/MAX Premier Brokerage Phone: (708) 497-2538 License #475150650 Listed on: 03/15/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,447
Year Built
- Built in 1918
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- 2 Parking Spaces
- Parking Available
- Driveway
Additional Features
- Lot Dimensions are 44 x 126
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,447 | $21,200 | $4,158 | $17,042 |
| 2024 | $4,447 | $21,200 | $4,158 | $17,042 |
| 2023 | $4,319 | $21,000 | $6,930 | $14,070 |
| 2022 | $4,319 | $21,000 | $6,930 | $14,070 |
| 2021 | $1,952 | $21,000 | $6,930 | $14,070 |
| 2020 | $1,876 | $14,628 | $4,989 | $9,639 |
| 2019 | $1,915 | $16,623 | $4,989 | $11,634 |
| 2018 | $1,886 | $16,623 | $4,989 | $11,634 |
| 2017 | $2,782 | $19,000 | $4,435 | $14,565 |
| 2016 | $2,948 | $19,000 | $4,435 | $14,565 |
| 2015 | $3,001 | $19,000 | $4,435 | $14,565 |
| 2014 | $2,641 | $16,805 | $3,880 | $12,925 |
| 2013 | $2,578 | $16,805 | $3,880 | $12,925 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2026 03/15/26 | For Sale | $125,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12592766
APN: 20251290090000
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Ask me questions while you tour the home.