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2902 E 77th ST Chicago, IL 60649
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Key Details
Sold Price $337,500
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11491124
Sold Date 10/03/22
Bedrooms 7
Year Built 1880
Annual Tax Amount $3,720
Tax Year 2020
Lot Size 5,227 Sqft
Lot Dimensions 5220
Property Sub-Type Two to Four Units
Property Description
WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON WEDNESDAY, AUGUST 17, 2022. What a beauty! And it is just a two minute walk to Rainbow Beach! This building and its location is a very rare opportunity to own a property steps from the Lake and, equally important, it is on the east side of South Shore Drive! This legal, 2-unit building makes for a perfect investment; or, you can live in one unit and rent out the other two units - and you can live for practically free. And the best part? The mechanicals are in tip-top shape; simply put, this property has been well-maintained by its owner! There is a unit on each floor. Both units are presently rented on a month-to-month basis. The first floor features a 3-bedroom, 2-bathroom living space. The second floor features a 4-bedroom, 2-bathroom living space. Each unit features a sprawling living room and dining room that opens up to a nicely sized kitchen - all while being an intelligently designed space. Each unit feels like a house! Then head to a full, unfinished basement, which is the length and width of the building, and utilize this space for storage or convert it into more living space. The possibilities are endless. Close to schools, shopping, transportation, the South Shore Country Club, the upcoming Tiger Woods Golf Course and impeccable access to Lake Shore Drive. All financing types are acceptable: FHA, VA and conventional. Show and sell! NOTE: There is no homeowners exemption on this property.
Location
State IL
County Cook
Area Chi - South Shore
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Porch
Community Features Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Rubber
Building
Lot Description Beach, Corner Lot, Cul-De-Sac, Fenced Yard
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with T'Keyah Williams • Keller Williams Elite