$389,000
PENDING

Estimated payment $2,409/month

Total Views 896
9 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover a prime investment opportunity at 7957 S Manistee Ave, a well-maintained, cash-flowing legal 3-flat built in 2009 in the heart of South Chicago! This modern building features three spacious 3-bedroom, 1-bath units, each equipped with central air for year-round comfort. Long-term tenants occupy all units, ensuring consistent rental income. The property is professionally managed and meticulously cared for, offering hassle-free ownership. A convenient 3-car parking pad at the rear provides ample parking. Perfect for investors seeking a turnkey, income-generating asset in a thriving neighborhood. Don't miss this chance to own a reliable, high-performing multi-family property!

Listing Agent

Ben Lalez

Compass License #475124644 Listed on: 04/23/2025

Compass

Co-Listing Agent

Catalin Maticiuc

Compass License #475202338

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,142

Year Built

  • Built in 2009

Parking

  • 3 Parking Spaces

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,142

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2009
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 9
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Cathedral Ceilings

Exterior Features

  • Construction Materials: Combination
  • List Price: 389000
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site, Owned
  • ParkingTotal: 3

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3125 SQ FT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4141.53
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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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
04/30/2025 04/30/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $389,000 +51.0% --
10/21/2016 10/21/16 Sold $257,700 +3.1% --
06/30/2016 06/30/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $249,900 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12345743

Midwest Real Estate Data (MRED)