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About This Home

This 3-bedroom, 1-bathroom single family at 7909 S Essex Avenue in Chicago, IL is listed for $58,000 ($40 per sqft). Built in 1908, the home offers 1,452 sqft of living space on a 0.05 acres lot.

Agent Description

Selling the family home of more than 60 years was not an easy decision, but after the fire, the scale of the interior rebuild moved beyond what I could take on alone. The condition of the home now creates an opportunity for a new phase, aligned with the needs of an area preparing for a medical center being built close by.

The home sits in an area experiencing substantial longterm investment, positioned close to major regional destinations. It is close to the Trinity Advocate redevelopment and within reach of the newly opened Obama Presidential Center. The location also provides access to the lakefront and multiple transportation routes, contributing to a steadily improving development environment.

The surrounding neighborhood includes major medical facilities and institutional anchors that support steady demand for both shortterm and extendedstay housing. Ongoing public and private investment reinforces longterm value potential and expands the range of future redevelopment paths available to this property.

The exterior maintains its original footprint and presence on the block. The building's envelope remains in place, and the lot coverage is fully preserved. The roof includes an open area. The structure provides a stable and reliable base for redevelopment.

The foundation and framing remain solid, creating a strong platform for a future build. The building stands as a durable shell suitable for a full reconstruction project. The interior is firedamaged and requires a complete rebuild. All interior areas have experienced extensive damage and will need full reconstruction. The property is presented as a full interior redevelopment opportunity. Interior photos are available upon request. Embrace the chance to make this house your very own.

Key Features

  • Built in 1908
  • 0.05 acre lot
  • 2 stories

Property Details

2 stories
1 full
1908

Monthly Cost Estimate

$310/mo

20% down · 6.5% · 30 years

Principal$42
Interest$251
Insurance$17

Estimates only. Actual payments may vary.

Location

7909 S Essex Avenue

Chicago, IL 60617

Property Details

Construction

Frame

Heating

Steam

Questions & Answers

This 3-bedroom, 1-bathroom single family at 7909 S Essex Avenue is listed at $58,000 ($40/sqft). The estimated monthly payment is $251 based on 20% down at 6.5% interest.

Key features include: Built in 1908, 0.05 acre lot, 2 stories.

This property is listed by Jeffrey Sklar and can be reached at (804) 656-5007 or broker@beycome.com.

JS

Jeffrey Sklar

Agent at Beycome Brokerage Realty LLC

(804) 656-5007

Listed by Beycome Brokerage Realty LLC · View on Broker Site

MLS# 12680519· Source: listhub· Updated 1 days ago

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7909 S Essex Avenue, Chicago, IL 60617

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