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7524 S Ellis Avenue
Chicago IL 60619 US

$249,000

Active Listing ID 12606267
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8 bed
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2.00 Bath (2 Full)
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Lot: 0.07 Acres
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Other

$249,000

Active Listing ID 12606267
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7524 S Ellis Avenue Excellent cash-flowing investment opportunity on Chicago's South Side. This legal 2-unit property features two incredibly spacious units, each with 4 bedrooms and 1 bathroom, making it highly attractive for strong rental demand. Previously updated with modern finishes throughout, the units include 42-inch espresso kitchen cabinets, granite countertops, and stylish glass/stone backsplashes. Bathrooms feature updated vanities, lighting, fixtures, and mirrors. Major improvements include a brand-new roof (2026) and newer copper plumbing, electrical, HVAC systems, and water heaters. Each unit has separate utilities, making it an efficient investment property. The property also features a full unfinished basement with 7-foot ceilings, offering excellent value-add potential for a future additional unit or continued use as storage and laundry space. It is conveniently located near expressways, schools, shopping, and public transportation, just a few minutes from Hyde Park and downtown Chicago. Taxes are low, with no homeowner exemption currently applied. This is a rare opportunity where space, updates, and income potential come together. It is a perfect addition to any rental portfolio or ideal for owner-occupants.

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Property Features

  • Facts
  • Lot Size: 0.07 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 249000
  • unparsedaddress: 7524 S Ellis Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60619
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.07
  • lotsizeunits: Acres
  • lotsizearea: 0.07
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.757817
  • longitude: -87.600843
  • listagentfullname: Dan Nelson
  • listagentemail: dan@danloveshouses.com
  • listagentkey: 3yd-MREDIL-895176
  • listagentmlsid: 895176
  • listagentofficephone: 7732951751
  • listofficekey: 3yd-MREDIL-87121
  • listofficemlsid: 87121
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1888
  • listingcontractdate: 2026-04-07
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 20263030220000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 8, Bedroom 5, Basement, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 2
  • speciallistingconditions: Standard
  • basement: Full, Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.600845, 41.757816
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-MREDIL-12606267", "OpenHouseEndTime": "2026-04-12 14:00:00", "OpenHouseId": "2904548", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-04-12 12:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dan@danloveshouses.com", "ListBrokerageCity":null, "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Real Estate", "ListBrokeragePhone":null, "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"1643 N Milwaukee Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"87121", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":null, "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-04-07 16:52:03", "Neighborhoods":[{"Description":null, "Name":"Cornell"}], "PostalCode":null, "RoomCount":14, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1055, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/7/2026 5:25:58 PM GMT
Source Updated Date: 4/8/2026 12:58:13 PM GMT

Courtesy of: Dan Nelson, Compass, dan@danloveshouses.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.