7844 S Greenwood Avenue, Chicago IL 60619
$285,000

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Property Description

SPACIOUS CHICAGO 2-FLAT WITH EXCELLENT INVESTMENT POTENTIAL IN CHICAGO! Welcome to 7844 S Greenwood Ave, Chicago, IL 60619, a versatile two-unit multi-family property offering an incredible opportunity for investors, owner-occupants, and buyers looking to HOUSE HACK while building long-term equity! This spacious Chicago 2-flat features TWO GENEROUSLY SIZED 3-BEDROOM UNITS, each offering approximately 1,000 square feet of living space, bright and inviting living rooms, attractive flooring, functional layouts, and the added convenience of IN-UNIT LAUNDRY IN BOTH UNITS! BEST OF ALL, THE SECOND FLOOR UNIT IS VACANT AND READY FOR ITS NEXT OCCUPANT, WHILE THE FIRST FLOOR IS CURRENTLY TENANT-OCCUPIED, making this an excellent opportunity to live in one unit while collecting rental income from the other! Whether you're looking to expand your real estate investment portfolio, explore HOUSE-HACKING OPPORTUNITIES, or accommodate multi-generational living, this property offers tremendous flexibility and long-term potential. RECENT IMPROVEMENTS INCLUDE partial roof repairs (2026), a newly installed rear deck (2026), a replaced exterior gate (2026), and a basement furnace approximately one year old! Additional highlights include a private backyard, TWO DEDICATED EXTERIOR PARKING SPACES, ample street parking, and an unfinished basement with separate exterior access, providing generous storage and potential for future improvements. PRIME SOUTH SIDE CHICAGO LOCATION! Conveniently situated near the 79th Street/Chatham Metra Electric Station, CTA public transportation, I-90, and the Chicago Skyway, offering convenient access to Downtown Chicago and surrounding neighborhoods. Enjoy proximity to Grand Crossing Park, the South Shore Cultural Center, the University of Chicago, local shopping, restaurants, schools, and everyday amenities. Whether you're searching for a CHICAGO 2-FLAT FOR SALE, an income-producing multi-family investment, or an OWNER-OCCUPIED PROPERTY WITH RENTAL INCOME POTENTIAL, 7844 S Greenwood Ave checks all the boxes! With TWO SPACIOUS 3-BEDROOM UNITS, a VACANT SECOND FLOOR, existing rental income potential, recent improvements, and off-street parking, this Greater Grand Crossing property presents an opportunity you won't want to miss. SCHEDULE YOUR PRIVATE SHOWING TODAY!

Features & Information

Key Details

  • List Price $285,000
  • Property Taxes $2,272
  • Year Built 1921
  • Status New
  • List Market Time 5

Units

  • Unit 1

  • Floor 1
  • Rooms 5
  • Beds 3
  • Baths 1.1
  • Appliances Stove, Refrigerator, Washer, Dryer, Window Air Conditioner, Laundry Hook-Up
  • Rent $1,500/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 8/27
  • Unit 2

  • Floor 2
  • Rooms 5
  • Beds 3
  • Baths 1.1
  • Appliances Stove, Refrigerator, Washer, Dryer, Window Air Conditioner, Laundry Hook-Up
  • Rent $1,750/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires ESTM.

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 2
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property From E 79th St, Turn North Onto S Greenwood Ave; 7844 S Greenwood Ave Will Be Less Than One Block Ahead
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 2271.83
  • Tax Year 2025
  • Tax Exemptions None
  • Parcel Identification Number 20263220370000

Listed by Lance Ellazar for Realty of America, LLC | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/12/2026 4:02 AM. 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.

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