This is an AMAZING opportunity to secure over $60K in equity! This newer construction townhome offers 14 ft ceilings and 3,000 sq. ft. of luxury at an affordable price. Inside, you'll find Italian marble countertops, stainless steel appliances, and a spacious master suite. The home boasts two balconies and a rooftop with stunning views of the lake and downtown. Additional features include two garage parking spaces and central air and heat. This property is ideal for both owner-occupants and investors, with low property taxes and no HOA fees. It's also a fantastic option for Airbnb or VRBO rentals; the previous owner earned up to $5,700 per month through short-term rentals. The seller is willing to provide closing cost assistance based on the offer presented. Don't miss out on this incredible opportunity! Property has recently been painted and updated within the last 2 weeks!
Closed
$315,000
7229 S Exchange Ave, Chicago, IL 60649
3beds
3,000sqft
Townhouse, Single Family Residence
Built in 2006
1,161 Square Feet Lot
$337,700 Zestimate®
$105/sqft
$2,646 Estimated rent
Home value
$337,700
$304,000 - $375,000
$2,646/mo
Zestimate® history
Owner options
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$2,646/mo
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$2,646/mo
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$2,216/mo
Est. payment
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$2,216/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Scott Berg 888-276-9959,
Berg Properties
Bought with:
Frank Montro
Keller Williams Preferred Rlty
Aaron Gaines
Keller Williams Preferred Realty
Source: MRED as distributed by MLS GRID,MLS#: 12183606
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Flooring (Hardwood), Window Treatments (Blinds), Bathroom (Full)
- Level: Third
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 2
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 3
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12X12
Dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Family room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12X12
Kitchen
- Features: Kitchen (Eating Area-Table Space), Flooring (Porcelain Tile)
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8X12
Laundry
- Features: Window Treatments (Blinds)
- Level: Second
- Area: 10 Square Feet
- Dimensions: 2X5
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator
- Laundry: Upper Level
Features
- Flooring: Hardwood
- Basement: Crawl Space,Partial
- Number of fireplaces: 1
- Fireplace features: Electric, Living Room
Interior area
- Total structure area: 0
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Patio & porch: Roof Deck, Deck
- Exterior features: Balcony
- Fencing: Fenced
Lot
- Size: 1,161 sqft
Details
- Parcel number: 21301060570000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse, Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- New construction: No
- Year built: 2006
- Major remodel year: 2022
Utilities & green energy
- Electric: 150 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Security System, Carbon Monoxide Detector(s)
Location
- Region: Chicago
HOA & financial
HOA
- Amenities included: None
- Services included: None
Other
Other facts
- Listing terms: VA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2024 | Sold | $315,000$105/sqft |
Source:  MRED as distributed by MLS GRID #12183606 Report a problem | ||
| 10/26/2024 | Contingent | $315,000$105/sqft |
Source: MRED as distributed by MLS GRID #12183606 Report a problem | ||
| 10/8/2024 | Listed for sale | $315,000-11.3%$105/sqft |
Source: MRED as distributed by MLS GRID #12183606 Report a problem | ||
| 8/28/2024 | Listing removed | $355,000$118/sqft |
Source: MRED as distributed by MLS GRID #12142498 Report a problem | ||
| 8/22/2024 | Listed for sale | $355,000+914.3%$118/sqft |
Source: MRED as distributed by MLS GRID #12142498 Report a problem | ||
| 6/22/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #12032997 Report a problem | ||
| 4/18/2024 | Listed for rent | $2,600$1/sqft |
Source: MRED as distributed by MLS GRID #12032997 Report a problem | ||
| 8/31/2022 | Sold | $35,000$12/sqft |
Source: MRED as distributed by MLS GRID #11620244 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: South Shore
Nearby schools
GreatSchools rating
- 4/10Powell Elementary Paideia Community AcademyGrades: PK-8Distance: 0.5 mi
- 4/10South Shore Intl Col Prep High SchoolGrades: 9-12Distance: 0.8 mi
- 1/10Chicago Vocational Career Academy High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$337,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$337,700
- Illinois
- Cook County
- Chicago
- 60649
- South Shore
- 7229 S Exchange Ave
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