Chicago, IL 60649,7619 S Saginaw AVE
Chicago, IL 60649,7619 S Saginaw AVE
Chicago, IL 60649,7619 S Saginaw AVE
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$450,000
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0.29 Acres Lot
Active Under Contract

7619 S Saginaw AVE Chicago, IL 60649

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12539855

Year Built 1903

Annual Tax Amount $9,500

Tax Year 2023

Lot Size 0.290 Acres

Lot Dimensions 12,525

Property Sub-Type Multi Family 5+

Property Description

Solid brick 6-unit investment opportunity featuring a desirable unit mix of (3) 3-bedroom units and (3) 2-bedroom units. The property offers strong curb appeal with a classic brick exterior and well-maintained common areas. Rear of the building includes a detached garage with multiple parking spaces, enhancing tenant demand and additional income potential. Units feature functional layouts with generous room sizes and present a value-add opportunity for an investor to increase rents through cosmetic updates and improved management, allowing for strong upside in cash flow. Separately metered utilities support efficient operations and expense control. Conveniently located near public transportation, schools, shopping, and major thoroughfares, making this an attractive option for long-term tenancy. Ideal for investors seeking a stable income property with the ability to drive future rent growth.

Location

State IL

County Cook

Area Chi - South Shore

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Cesar DeSouza of  eXp Realty 

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Earhart Options for Knowledge Elementary School

    Public | KG - 6

  • 8

    McDowell Elementary School

    Public | KG - 5

  • 6

    Murray Elementary Language Academy

    Public | KG - 8

  • 5

    Ray Elementary School

    Public | PK - 8

  • 5

    Woodlawn Elementary Community School

    Public | PK - 6

  • 5

    Carnegie Elementary School

    Public | PK - 8

  • 5

    Harte Elementary School

    Public | PK - 8

  • 5

    Hoyne Elementary School

    Public | KG - 6

  • 5

    Marsh Elementary School

    Public | PK - 8

  • 4

    Black Magnet Elementary School

    Public | KG - 8

  • 4

    Warren Elementary School

    Public | PK - 8

  • 4

    Coles Elementary Language Academy

    Public | KG - 8

  • 3

    Wadsworth Elementary School

    Public | PK - 8

  • 3

    Univ of Chicago Charter Schools

    Public | PK - 12

  • 3

    Parkside Elementary Community Academy

    Public | PK - 8

  • 3

    Bouchet Math and Science Academy Elementary School

    Public | KG - 8

  • 3

    Burnham Elementary School

    Public | PK - 8

  • 3

    Taylor Elementary School

    Public | PK - 8

  • 2

    Shabazz International Charter Schls

    Public | KG - 12

  • 2

    Revere Elementary School

    Public | PK - 8

Middle Schools 1
  • 0

    Camelot Safe Academy School

    Public | 6 - 12

High Schools 10
  • 8

    South Shore International College Prep High School

    Public | 12 - 12

  • 6

    Hyde Park Academy High School

    Public | 9 - 12

  • 3

    Chicago Vocational Career Academy High School

    Public | 9 - 11

  • 1

    Hirsch Metropolitan High School

    Public | 9 - 12

  • 1

    Epic Academy High School

    Public | 9 - 12

  • 0

    Magic Johnson - Roseland High School

    Public | 9 - 12

  • 0

    School of Leadership High School

    Public | 11 - 12

  • 0

    Winnie Mandela High School

    Public | 9 - 12

  • 0

    Bowen High School

    Public | 9 - 12

  • 0

    Camelot Safe Academy High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Michael Di Giovanni

Michael Di Giovanni

Broker Associate | License ID: 475119822

+1(773) 583-2274

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7619 S Saginaw AVE