$680,000
SOLD AUG 6, 2025

7522 S Essex Ave Chicago, IL 60649

South Shore Neighborhood
-- Bed
-- Bath
-- Sq Ft
1923 Built

Recently Sold

6% Below List Price

52 Days on Market

About This Home

As of August 2025

Investment opportunity in South Shore Neighborhood. Oversized Six units 4 beds/ 1 1/2 bath with Garden unit- 3 bed/1 1/2 bath. The building was totally renovated with plans and permits in 2013. All of the units feature hardwood flooring, newer kitchens, bathrooms, windows, newer electric, plumbing, HVAC, individual in units furnaces, water heaters, enclosed back porch, newer roof, and tuckpointing. The units have nice size bedrooms, spacious living rooms, and dining rooms. The total square footage for each unit is about 1,600 sq ft. 6 parking spots in the rear of the building. Intercom system. 7 units. Tenants pay for gas and electric.. Close to lake Michigan, Jackson Park.

Last Agent to Sell the Property

Adriana Correa

Stellar Pref. The Re Clinic License #471016184 Listed on: 04/17/2025

Co-Listed By

Auggie Pedroza

Stellar Pref. The Re Clinic License #471007111

Last Buyer's Agent

Clemente Lopez

Chicagoland Brokers, Inc. License #475128961

Chicagoland Brokers, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,400

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 60x124
  • Property fronts an alley

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Additional Features

  • 4-Story Property
  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $720
  • Insurance Expense $4,369
  • Trash Expense $5,000
  • Water Sewer Expense $2,400
  • Gross Income $109,000
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,400

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Courtyard
  • Stories: 4
  • Year Built: 1923
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 7
  • Ranges: 7
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 7
  • Room: 7
  • Room: 6

Exterior Features

  • Construction Materials: Brick
  • Frontage Type: City Street, Alley Access
  • List Price: 725000
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Central Air
  • Heat/Ventilation: Central Heat/Indiv Controls
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 5000
  • Water Sewer Expenses: 2400
  • Janitor Expense: 3600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X124
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 84000
  • Insurance Expense: 4369
  • ElectricExpense: 720
  • GrossIncome: 109000
  • NumberOfUnitsTotal: 7
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 8399.5
  • Tax Year: 2023

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $680,000 -6.2% --
06/08/2025 06/08/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $725,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Adriana Correa

    Stellar Pref. The Re Clinic

    (312) 576-7392

    1 in this area

    14 Total Sales

    Adriana Correa
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Auggie Pedroza

    Stellar Pref. The Re Clinic

    (312) 671-4570

    1 in this area

    27 Total Sales

    Auggie Pedroza
    Section Image

  • C

    Buyer's Agent in 2025

    Clemente Lopez

    Chicagoland Brokers, Inc.

    (708) 280-5262

    2 in this area

    46 Total Sales

    Clemente Lopez
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12338414

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60649 South Shore

7522 S Essex Ave, Chicago, IL

This home is located at 7522 S Essex Ave, Chicago, IL 60649 and is currently priced at $680,000. This property was built in 1923. 7522 S Essex Ave is a home located in Cook County with nearby schools including Bradwell Community Arts & Sci Elementary School and St Philip Neri Elementary School.

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