IL
Cook
Chicago
60649
7250 S Merrill Avenue
7250 S Merrill Avenue, Chicago, IL 60649
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Listing Type
Commercial/Industrial
Listing Status
contingent
24
$649,000

Home Details for 7250 S Merrill Avenue

Price
$649,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1916
County
Cook
Garage
Basement
Partially Finished, Unfinished
Days on site
103
MLS Listing#
12382675
Property Description

Pleased to offer a prime investment opportunity at 7250 S Merrill in the heart of the South Shore neighborhood. This well-maintained building features individual gas and electric meters, as well as hot water heaters for each unit, complemented by centralized furnace heating. These features contribute to efficient operation and low operating costs, making management straightforward for investors. The property also includes convenient coinoperated laundry facilities in the basement, enhancing tenant appeal. With updated units boasting modern stainless steel appliances and newer countertops, this investment is ready for immediate occupancy. There is ample parking space available for up to five cars, providing added convenience for residents. Investors will appreciate the stability offered by this property, with solid cash flow potential and room to increase rents. With low operational expenses and minimal renovations needed, this opportunity allows for continued profitability while maximizing returns.

Property Features
  • Basement
    • Partially Finished
    • Unfinished
Listing Courtesy: 33 Realty - 773-327-4975
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 21:12:28. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-03 21:12:28
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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643
Office
708 573 8801
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