Contact us: 563.441.1776
Description
Fantastic opportunity to own a turnkey three-flat in the elevated Jackson Park neighborhood in South Shore, perfect for an owner-occupant or investor. The building is HUGE on a double-wide lot with each unit being 2100 SF. Fully gut rehabbed in 2014 with all new plumbing, electrical, drywall and refinished floors. Each unit offers three spacious bedrooms and two full baths, along with expansive living and dining areas, a bright sunroom, and a large open kitchen featuring granite and stainless steel appliances each unit includes a separate A/C, furnaces, hot water heaters, and in-unit W/D ?. Enclosed walk up, three-car garage, and a sizable backyard. The full unfinished basement presents excellent potential for a 4th unit, with high ceilings, egress/ingress - an outstanding value-add opportunity. Ideally located on one of the nicest streets in Jackson Park, South Shore's beautiful beaches and boat docks, the Museum of Science and Industry, and a variety of shopping and dining options. Convenient access to downtown via bus, train, or Lake Shore Drive. Adding to the area's appeal, a new family entertainment center is scheduled to break ground in Spring 2026. 2 units are currently rented at $1990-2100/unit, reflecting the quality level of finishes and location. Assumablie FHA Loan 2.75% Loan balance $358,109.00 PITI $2,777.00.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 9
Bathrooms: 6
County: Cook
Listed By:
Select a Fee RE System
312-421-1000
MRED MLS
MLS ID: 12692973
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6730 S Merrill Avenue, Chicago, IL 60649.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $730,000 | $730,000 | $730,000 |
| Down Payment | $146,000 | $25,550 | $182,500 |
| Monthly Mortgage Amount | $3,548 | $4,355 | $4,510 |
| Taxes | $1016 | $1016 | $1016 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $321 | $0 |
| Monthly Estimated Total | $4,777 | $5,905 | $5,739 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/05/2026. The listing information on this page last changed on 07/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 07/05/2026 12:37:16 AM EST) or MRED MLS (last updated Sun 07/05/2026 12:32:50 AM EST) or SCWMLS (last updated Sat 07/04/2026 11:54:42 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 07/04/2026 10:15:50 PM EST) or Cedar Rapids MLS (last updated Sat 07/04/2026 10:44:30 PM EST) or NEIRBR MLS (last updated Sun 07/05/2026 12:28:39 AM EST) or ICAAR MLS (last updated Sat 07/04/2026 11:37:28 PM EST) or ECIMLS (last updated Sat 07/04/2026 11:44:12 PM EST) or RMLSA (last updated Sun 07/05/2026 12:30:56 AM EST) or Muscatine MLS (last updated Sun 07/05/2026 12:30:09 AM EST) or No Coast MLS (last updated Sun 07/05/2026 12:34:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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