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    1 home
      1 home available
      7236 S Michigan Avenue, Chicago, IL 60619
      NEW 3 hrs agoVirtual Tour
      7236 S Michigan Avenue, Chicago, IL 60619
      $249,700
      6beds
      sqft
      acres
      Multi Family for Sale

      7236 S Michigan Avenue, Chicago, IL 60619

      Listing by: Manifest Homes Corporation
      1 - 1 of 1 results
      © 2025 Mainstreet REALTORS® All Rights Reserved.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Equal opportunity
      Membio
      Chicagoland Homes
      NEW 3 hrs ago
      Virtual Tour
      $249,700
      6beds
      full,half bath
      sqft
      acres

      7236 S Michigan Avenue, Chicago, IL 60619

      Multi Family for Sale by Henry JonesManifest Homes Corporation.

      Data checked -. Listing last updated 3 hours ago.
      1. Overview
      2. Details
      3. More 

      INVESTOR OPPORTUNITY: Classic Brick Two-Flat Sold AS-IS AS-IS SALE PROPERTY HIGHLIGHTS: Welcome to a solid investment opportunity in Greater Grand Crossing! This classic 1923 brick two-flat offers 6 bedrooms, 2 bathrooms across two spacious 3BD/1BA units, plus a detached brick 2-car garage-all sitting on an extra-large lot with excellent bones and strong rental demand fundamentals. PROPERTY FEATURES: Two 3-bedroom, 1-bathroom units providing dual income streams Classic brick construction with timeless curb appeal and long-term durability Detached brick 2-car garage offering additional storage or parking income potential Oversized lot (33x125) providing expansion possibilities and valuable outdoor space Full unfinished basement ready for finishing or additional storage 14 total rooms across both units offering excellent rental value Prime location with convenient access to I-90/94, CTA Red Line, shopping, dining, and parks INVESTMENT POTENTIAL: This property is priced to provide room in your budget for value-add improvements. Greater Grand Crossing offers strong rental demand with accessibility to downtown, major transportation corridors, and neighborhood amenities. The dual-unit configuration is perfect for: Buy-and-hold investors seeking steady cash flow House hackers looking to live in one unit and rent the other Value-add investors ready to renovate and reposition Portfolio builders adding performing multi-family assets LOCATION ADVANTAGES: Situated in Greater Grand Crossing with excellent connectivity to downtown Chicago, CTA public transportation, local schools, parks, and shopping. The neighborhood provides an ideal combination of affordability and accessibility for tenants and investors alike. PROPERTY CONDITION & TERMS: SOLD STRICTLY AS-IS. Property is being sold in its current condition without warranties, guarantees, repairs, or representation as to accuracy of information provided. Buyer is responsible for all inspections, due diligence, and verification of property details. Seller will not provide any repair credits or make improvements prior to closing. This AS-IS pricing allows sophisticated investors to acquire below replacement cost with built-in equity potential. Updates and cosmetic improvements will immediately increase rental rates and overall property value. FINANCING SOLUTIONS AVAILABLE: Listing agent is a dual-licensed Real Estate Broker AND Mortgage Loan Officer (NMLS #2514797), offering multiple financing pathways including conventional, FHA, VA, portfolio loans, and DSCR investor financing. PROPERTY DETAILS: Year Built: 1923 Property Type: Two-Flat Multi-Family Total Bedrooms: 6 (3 per unit) Total Bathrooms: 2 (1 per unit) Lot Dimensions: 33 x 125 Basement: Full, Unfinished Garage: Detached Brick 2-Car Exterior: Brick Utilities: Separate (tenant-paid) Property Taxes: $4,640 (2023)

      Internet Serviceability
      Details
        Property type
      Residential Income
        Year built
      1923
        Heating
      Other
        Cooling
        Total rooms
      14
        Garage
      Yes (2 space)
        Parking spots
      2
      MRD12536649
      MLS ID
      Active
      Status
      12-26-2025
      On market date
        Laundry features
        Fireplace
      No
        Pets allowed
        Architectural Style
        Basement
      Partially Finished, Full
      Interior features
      Exterior features
      Lot features
      Appliances included
      Construction materials
      Brick
      Monthly taxes
      $381
      Yearly taxes
      $4,575.29
      Community Features
      -
      School district
      Chicago Public Schools
      Schools
      -
      Senior community
      No
      Common Charges
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Henry Jones
      Henry Jones
      Designated Managing Broker, Manifest Homes Corporation
      Direct 
       
      Location
      Michigan Ave South to 7236
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      7236 S Michigan Avenue, Chicago, IL 60619, is a 6 bedroom Multi Family built in 1923. This property is currently available for sale and was listed on Mainstreet REALTORS® on 12-26-2025. The MLS# for this Multi Family is MLS# MRD12536649.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Mainstreet REALTORS®