VALUE-ADD 6-UNIT MULTIFAMILY | PRIME SOUTH SHORE LOCATION This

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Home Active Under Contract

7047 S Clyde Avenue

Chicago, Illinois 60649

Cook County

Community: 

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$499,900 11 br, 0.0 bath 0 sq. ft. 0.000 acres

VALUE-ADD 6-UNIT MULTIFAMILY | PRIME SOUTH SHORE LOCATION This 6-unit multifamily investment sits in the heart of South Shore, directly across from the Metra Electric Line and steps from the Fresh Market retail corridor, providing exceptional transit access and walkability-key drives tenant demand. South Shore continues to experience significant public and private investment, anchored by the upcoming Obama Presidential Library (opening June 2026), along with surrounding infrastructure, retail, and residential development that is accelerating neighborhood appreciation and rental growth. The property features six oversized 2-bedroom / 1-bath units, each offering sunrooms, separate living and dining rooms, large kitchens with pantries, and well-sized bedrooms-layouts that outperform smaller unit configurations and support strong rent growth. Unit sizes and layouts are ideal for repositioning through light to moderate renovations. The expansive rear yard provides a clear opportunity to add parking, creating additional income and enhancing tenant appeal-an uncommon value-add feature for the area. This asset presents a compelling value-add opportunity with upside through.....Market rent increases...Interior unit upgrades Potential parking income...And Long-term appreciation driven by major nearby development, Ideal for investors seeking stable cash flow today with meaningful upside tomorrow in one of Chicago's most actively revitalizing lakefront-adjacent neighborhoods.

Interior:
  • Bedrooms: 11
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 1918
  • Utilities: 
  • Fireplaces: 
  • Stories: 3
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick
  • Roof: 
  • Property Taxes: $6,412
  • MLS #: 12534888
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Contact Information:
Beach Home Active Under Contract in Chicago, Illinois
Listing Agent: James Mattz, Keller Williams Preferred Realty, 708-798-1111, 708-798-1111 Listing Site, Listing Status: Active Under Contract
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.
Ad Number: 7019443
Viewed 24 times.
Updated: Jan 07, 2026

This property is a Home located at 7047 S Clyde Avenue, Chicago, Illinois 60649, and is currently Active Under Contract at $499,900. This Home has 11 bedrooms, 0.0 baths, 0 sq ft.