7704-7706 South Emerald Avenue

7704-7706 South Emerald Avenue, Chicago, IL 60620

  • For Sale $1,100,000
  • Property Type Multi-Family
  • Property Size 10,000 SF
  • Units 14
  • Additional Rent Contact for pricing
  • Date Updated Nov 13, 2024
7704-7706 South Emerald Avenue is a standout property located in the vibrant Auburn Gresham neighborhood of Chicago. This well-maintained building, situated near the intersection of South Emerald Avenue and 77th Street, exemplifies the neighborhood's rich architectural heritage with its classic brick facade. The property benefits from its proximity to local amenities and offers a blend of residential charm and accessibility. Residents here enjoy the convenience of nearby schools, parks, and public transportation options, contributing to a well-rounded living experience. The Auburn Gresham neighborhood, positioned about nine miles south of downtown Chicago, is renowned for its deep-rooted history and strong community spirit. Once predominantly rural, the area began its transformation in the late 19th century, with the establishment of Auburn Lake Lagoon serving as a focal point for local gatherings and recreation. Auburn Gresham is celebrated for its picturesque "bungalow belt," featuring a variety of Arts and Crafts-inspired homes that add to its historic appeal. The neighborhood is also known for its active community involvement, with institutions like St. Sabina Church playing a pivotal role in social justice and local support. With a blend of cultural heritage and modern community initiatives, Auburn Gresham continues to thrive as a dynamic and inviting area of Chicago.33 Realty is pleased to offer a prime investment opportunity at 7704-7706 South Emerald Avenue, located in the Auburn Gresham neighborhood of Chicago. This well-positioned property features 14 one-bedroom, one-bathroom units, each designed for comfortable living. The building is ideally situated with easy access to the bustling retail thoroughfare along Halsted and is in close proximity to the Metra Gresham stop, ensuring convenient transit options for residents. The building benefits from strong in-place cash flow, making it an attractive option for investors. With its strategic location and stable rental income, this building presents a promising opportunity for those looking to expand their investment portfolio. The Auburn Gresham area, known for its rich history and active community, adds further value to this exceptional investment.

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Attachments

Highlights

  • Opportunity to bring rents to market without renovations
  • 30-minute commute to downtown Chicago
  • Three-story building
  • Mix of 1's
  • Situated three blocks from Grand Crossing Park
  • Within a 45-minute drive to Midway Airport
  • Coin Operated Laundry
  • Within a half mile of Gresham Metra stop
  • Conveniently located near I-90/94
  • within a half mile of Foster Park
  • Greater Auburn Gresham Area

Contacts

broker

Brian Mond

33 Realty

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable
  • Transit Score ®

    62/100 Good Transit
  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Auburn Gresham
  • Zip Code 60620
  • Market Chicago

Points of Interest

  • Gresham

    1.21 miles

  • Brainerd

    1.72 miles

  • Halsted

    1.73 miles

  • 95th/Dan Ryan

    2.44 miles

  • Garfield

    2.88 miles

  • Stony Island

    2.98 miles

  • 99th Street (Beverly Hills)

    3.05 miles

  • 63rd Street

    3.24 miles

  • 103rd Street (Beverly Hills)

    3.56 miles

  • 35th-Bronzewille-IIT (34th Street Entrance)

    5.54 miles

  • Falcon

    0.13 miles

  • Fuel Star

    0.57 miles

  • Amstar

    0.59 miles

  • Citgo

    0.75 miles

  • Shell

    0.76 miles

  • BP

    1.00 miles

  • ChargePoint

    2.91 miles

  • Tesla Supercharger

    4.72 miles

  • eVgo

    7.65 miles

  • Blink

    7.66 miles

  • Ashland/63rd Park & Ride

    1.97 miles

  • Campus South Parking

    2.90 miles

  • Parking/Materials Management

    3.07 miles

  • Medical Campus Parking Garage A

    3.13 miles

  • Garfield Park & Ride

    3.15 miles

  • Medical Campus Parking Garage B

    3.27 miles

  • Kimbark South Parking Garage

    3.30 miles

  • Lexington Parking Lot

    3.36 miles

  • Chapin Hall Parking Lot

    3.40 miles

  • Dorchester Parking Lot

    3.46 miles

  • New Budget Motel

    1.84 miles

  • Empire Motel

    1.99 miles

  • Best Motel

    2.07 miles

  • East of the Ryan

    2.14 miles

  • Beverly Motel & Suites

    2.29 miles

  • Admiral Motel

    2.64 miles

  • South Shore Motel

    3.04 miles

  • The Study at the University of Chicago

    3.31 miles

  • Royal Motel

    3.39 miles

  • Skyway Motel

    3.45 miles

  • Jamaican Jerk Villa

    0.24 miles

  • Popeyes

    0.54 miles

  • BJ's Market & Bakery

    0.57 miles

  • McDonald's

    0.58 miles

  • Fred & Jack's

    0.62 miles

  • Haire's Gulf Shrimp

    0.69 miles

  • Dirty Birds Southern Kitchen

    0.73 miles

  • Dunkin'

    0.73 miles

  • White Castle

    0.84 miles

  • Church's Chicken

    0.88 miles

  • Saint Leo School

    0.09 miles

  • Oglesby Elementary School

    0.15 miles

  • Auburn Park Day Care Center

    0.24 miles

  • Leo High School

    0.31 miles

  • Clark E School of Beauty Culture

    0.33 miles

  • Stagg Elementary School

    0.48 miles

  • Westcott Elementary School

    0.57 miles

  • Harvard Elementary School

    0.60 miles

  • Saint Sabina School

    0.62 miles

  • Childrens House Preschool

    0.64 miles

  • Childrens Hour Pre-School Center

    1.25 miles

  • Shiloh Nursery

    1.41 miles

  • Child's World Academic Inc.

    1.69 miles

  • Englewood Messiah Lutheran Headstart

    2.20 miles

  • Daycare

    2.78 miles

  • DJ Brooks Child Development Center

    3.16 miles

  • Merry Go Round Nursery School

    3.23 miles

  • UChicago Child Development Center - Drexel

    3.35 miles

  • Southwest Cooperative Pre-School

    3.88 miles

  • Kenyatta's Day Care and Learning Center

    3.94 miles

Frequently Asked Questions

How much does 7704-7706 South Emerald Avenue cost?

The space currently listed for sale at 7704-7706 South Emerald Avenue asks for $1,100,000.

What is the total square footage of 7704-7706 South Emerald Avenue?

7704-7706 South Emerald Avenue totals 10,000 square feet.

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Contact Listing Broker

broker

Brian Mond

33 Realty