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Commercial > Multi-family / Apartments
Active
04/27/2025
List Price
$354,900$97/ft²

7250 Langley Ave
Chicago, IL 60619

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  • Malobo BannerMalobo Banner Square
    7250 Langley Ave, Chicago, IL 60619 is a 8 bed, 7 bath, 3,660 ft² multi-family/apartments property built in 1888 on a 0.070 acre lot with 3 construction permits. This multi-family/apartments is currently listed for $354,900, and it was last sold in 2020 for $130,000.

    MLS Description

    The listing agent's description. Original Listing

    Position yourself for success with this solid 7-unit brick building, ideally located in Chicago's rapidly growing Greater Grand Crossing neighborhood - just minutes from the new Obama Presidential Library, Metra stations, shopping, and public transportation. This is the kind of high-potential investment opportunity that serious buyers move quickly on. The building consists of six spacious 1-bedroom, 1-bath units and one large 3-bedroom, 1-bath unit, offering an excellent rental mix to attract a variety of tenants. Major improvements have already been taken care of, including a brand-new roof in 2023, new front windows installed in 2020, and three new furnaces added the same year, giving you peace of mind and reducing future maintenance costs. Tenants are responsible for their own gas and electric, while the owner covers water, common gas, and lighting expenses. There is also a detached 2-car garage for added convenience, laundry facilities in the basement, and untapped potential to add an additional unit to further boost your income. Currently, three units are rented while four units are vacant, presenting the perfect scenario for both immediate cash flow and future rent growth after light improvements. Some updating has already been completed, allowing you to step in and tailor the property to maximize returns. This property is being sold as-is and offers a golden opportunity to secure a valuable income-producing asset in an area on the brink of major revitalization. With solid fundamentals, prime location, and endless upside, this is the kind of deal that smart investors recognize - and act on - fast. Don't let this opportunity pass you by. Schedule your showing today and start building your future wealth!

    Listing Agents

    The listing agent for 7250 Langley Ave is Alicia Bowens.

    Permits

    7250 Langley Ave has 3 permit records.

    Permit History
    3
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    7250 Langley Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 7250 Langley Ave

    School Information

    Public/private schools serving 7250 Langley Ave

    Neighborhood

    This property is located in South Side, Chicago, IL 60619.

    Market Trends

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    Copyright © 2025 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.

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