7716-18 S East End Avenue, Chicago, IL 60649
Cook County
Key Facts
Description
7716-18 S. East End Avenue is a 16-unit multifamily in Chicago's South Shore neighborhood. The offering consists of a well-maintained walk-up building comprised entirely of spacious one-bedroom units, providing an efficient and highly leasable unit mix. This investment presents a clear and executable value-add opportunity to significantly increase revenue through improved management and leasing, along with strategic unit renovations to capture market rents. Approximately one-third of the units have already received cosmetic upgrades, allowing a new owner to continue a proven renovation program and drive rental growth across the remaining units. In addition to strong in-place income, the property benefits from an on-site laundry facility, offering additional revenue potential and enhanced tenant appeal. With below-market rents, a straightforward operational upside, and a desirable location near the lakefront, this asset offers investors the opportunity to quickly unlock value and generate meaningful returns in one of Chicago's most established and accessible neighborhoods.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1929
Stories
4
Lot Size
6,599 sq ft
Lot Dimensions
6,599 SF
Days on Market
7
MLS® Listing#
12667434
Property Features
Financial Details
Annual Taxes
$16,385
Tax year 2024
Parcel Number
20253170240000
Directions
Stony Island Avenue to 79th Street, east to East End Avenue, then north to the property.
Affordability Calculator
$235,000
Estimated monthly payment
$6,254/mo
Principal $940,000 · Est. interest $1,311,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $388,137
- Median Listing Price
- 47
- Median Days on Market
- 1,429
- Median Sq Ft
- $276
- Median Price / Sq Ft
- 4,628
- Active Listings
- This home’s price is 203% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
St Paul Lutheran School
School · 0.4 mi away
South Shore High School
Secondary · 0.4 mi away
Winnie Mandela High School
Secondary · 0.5 mi away
Muhammad Univ
School · 0.5 mi away
Chicago Public Schools
Elementary · 0.5 mi away
Chicago Public Schools
Elementary · 0.6 mi away
Jump smart Early Learning Academy
School · 0.6 mi away
Bouchet Elementary Math & Science Academy
Elementary · 0.6 mi away
Public Schools Bryn Mawr
School · 0.6 mi away
Sullivan House High School
Secondary · 0.7 mi away
C R Phillips Child Development Center
School · 0.8 mi away
Betty Shabazz International Charter School
Elementary · 0.8 mi away
Cics Avalon
Elementary · 0.8 mi away
New Concept School
School · 0.9 mi away
Hirsch Metropolitan High School
Secondary · 0.9 mi away
Eastside Academy of Early
School · 1.0 mi away
A Child's World Early Learning Center
School · 1.0 mi away
Chicago Public Schools
School · 1.0 mi away
Chicago Public Schools
School · 1.1 mi away
Chicago Public Schools
Elementary · 1.1 mi away
Commute Calculator
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|---|---|---|---|---|
| 2333 W Montana Street, Chicago, IL | $824,000 | 5 | 2 | — |
| 1952 W Cuyler Avenue 404, Chicago, IL | $824,900 | 3 | 2 | 1,700 |
| 1461 W Grand Avenue 1, Chicago, IL | $825,000 | 4 | 3 | 2,700 |
| 4157 W Armitage Avenue, Chicago, IL | $825,000 | — | — | — |
| 6503 N Maplewood Avenue, Chicago, IL | $825,000 | 4 | 3 | 2,134 |
| 1551 W Division Street, Chicago, IL | $825,000 | — | — | 2,800 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Essex 312, LLC - 7733054858
Last Updated: 2026-06-03