7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
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7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
7830 S Luella Avenue
Active Under Contract

7830 S Luella Avenue

7830 S Luella Avenue, Chicago, IL 60649

$599,000
Discover a rare investment opportunity with this well-maintained 6-unit building, with the potential to generate an annual income of $100,000 and beyond. Each spacious unit features 2 bedrooms and 1 bath, thoughtfully designed with separate dining and living spaces, both offering access to a front sunroom that floods the space with natural light. Down the hallway, you'll find generously sized bedrooms, each with access to a second sunroom, providing additional living space and flexibility. This thoughtfully-designed layout also offers the potential for a 3rd bedroom, maximizing rental income possibilities. The basement presents an exciting opportunity for expansion, with ample space to build out two additional units, significantly increasing the potential for rental income. The units are equipped with individual heating systems, which can reduce costs for the owner. Gleaming hardwood floors run throughout, adding a touch of elegance and durability. The building's water heater, windows, and rear porches have been recently updated, enhancing efficiency and reducing maintenance concerns. Additionally, the property features garage parking in the rear with six dedicated spaces, providing yet another opportunity to generate additional income. Whether you're looking to expand your investment portfolio or seek an owner-occupant scenario with rental income, this income-generating gem is not to be missed!

10,758 Sq.Ft. LIVING AREA

7,500 Sq.Ft. lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 7830 S Luella Avenue, Chicago, IL 60649. We are reviewing your request and will be in touch shortly!
Paulette Edwards

Paulette Edwards

Features & Amenities

Area & Lot

  • Status Active Under Contract
  • Living Area10,758 Sq.Ft.
  • Lot Area7,500 Sq.Ft.
  • MLS® ID12145457
  • TypeMulti-Family
  • YEAR BUILT1926

Exterior

  • STORIES3
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$599,000
  • Real Estate Tax $5,197/yr
  • Zoning MULTI

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Work With Us

At Coldwell Banker Residential Brokerage, we will take care of all your home buying needs. From researching communities to showing available properties to negotiate on your behalf, we will be with you every step of the way.