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  • $340,000

    7738 S Merrill Ave, Chicago, IL 60649

    4beds
    --sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $361,600 Zestimate®
    $--/sqft
    $1,869 Estimated rent

    Home value

    $361,600

    $322,000 - $405,000

    $1,869/mo

    Zestimate® history
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    $2,397/mo

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    $2,397/mo

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    What's special

    Spacious bedroomsCharming denNatural lightUpdated kitchenModerately updated kitchenSun porch
    ***Brand New Roof installed 2025 with Silver Coating!*** Introducing a fantastic investment opportunity with this meticulously maintained 2-flat building, perfect for those looking to live in one unit and rent out the other, or for a savvy investor seeking solid returns. The first-floor unit features 2 spacious bedrooms, a full bathroom, a moderately updated kitchen, and a large, inviting living room. A charming den allows for relaxing moments inviting in a lot of natural light. The second-floor unit mirrors the same appeal with 2 bedrooms, 1 full bathroom, an updated kitchen, a generous living room, and another sun porch-offering comfort and style on every level. The finished basement is a versatile space, complete with its own bedroom, full bathroom, living area, laundry room, and on a separate gas meter, opening endless rental possibilities or additional living space. With a 2.5-car garage providing secure parking and extra storage, this property has it all. Whether you're looking to live in one unit and rent out the others or expand your real estate portfolio, this remarkable building offers both comfort and investment potential. Don't miss out-this is an opportunity you won't want to pass up!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Elijah Reese, ABR,MRP,PSA,SRS 312-848-2947,

    Serene Realty, Inc.,

    Vadie Reese, BPOR,SFR,SRES,SRS,

    Serene Realty, Inc.

    Bought with:

    Shafiah Dunmars

    One Stop Real Estate Services

    Source: MRED as distributed by MLS GRID,MLS#: 12310582MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 3
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,125 sqft
    • Dimensions: 125 X25
    Details
    • Parcel number: 20254180240000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Rubber,Flat
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/9/2025Sold$340,000+1.5%
    Source: MRED as distributed by MLS GRID #12310582 Report a problem
    5/7/2025Pending sale$335,000
    Source: MRED as distributed by MLS GRID #12310582 Report a problem
    3/29/2025Contingent$335,000
    Source: MRED as distributed by MLS GRID #12310582 Report a problem
    3/12/2025Listed for sale$335,000-4.3%
    Source: MRED as distributed by MLS GRID #12310582 Report a problem
    3/12/2025Listing removed$350,000
    Source: MRED as distributed by MLS GRID #12260199 Report a problem
    2/10/2025Contingent$350,000
    Source: MRED as distributed by MLS GRID #12260199 Report a problem
    1/30/2025Listed for sale$350,000
    Source: MRED as distributed by MLS GRID #12260199 Report a problem
    1/28/2025Contingent$350,000
    Source: MRED as distributed by MLS GRID #12260199 Report a problem
    1/5/2025Listed for sale$350,000+2.9%
    Source: MRED as distributed by MLS GRID #12260199 Report a problem
    11/20/2024Listing removed$340,000
    Source: MRED as distributed by MLS GRID #12209476 Report a problem
    11/13/2024Listed for sale$340,000
    Source: MRED as distributed by MLS GRID #12209476 Report a problem
    10/24/2024Listing removed$340,000
    Source: MRED as distributed by MLS GRID #12164672 Report a problem
    10/6/2024Price change$340,000-2.9%
    Source: MRED as distributed by MLS GRID #12164672 Report a problem
    9/16/2024Listed for sale$350,000+55.6%
    Source: MRED as distributed by MLS GRID #12164672 Report a problem
    7/31/2023Listing removed--
    Source: MRED as distributed by MLS GRID #11843699 Report a problem
    7/27/2023Listed for sale$224,900+118.3%
    Source: MRED as distributed by MLS GRID #11843699 Report a problem
    11/4/2022Sold$103,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $18,900 -5.5%
    2023$4,235 +24.2%$19,999
    2022$3,410 +1.7%$19,999
    2021$3,352 +52.6%$19,999 +54.3%
    2020$2,197 -3.3%$12,965 -12%
    2019$2,271 +1.8%$14,734
    2018$2,232 -25.5%$14,734 -14.8%
    2017$2,996 +1.1%$17,291
    2016$2,963 +10.2%$17,291
    2015$2,688 +33.1%$17,291 +28.6%
    2014$2,019 +2.6%$13,450
    2013$1,968 +0.1%$13,450
    2012$1,966 -21.7%$13,450 -27.5%
    2011$2,512 +12.7%$18,542
    2010$2,228 +13.3%$18,542
    2009$1,966 -24%$18,542 -25.1%
    2008$2,588 +16.7%$24,753
    2007$2,217 +27.4%$24,753
    2006$1,740 -3.6%$24,753 +92.3%
    2005$1,805 +0.2%$12,875 -8%
    2004$1,801 +4.5%$13,996
    2003$1,724 -5.4%$13,996 +17%
    2002$1,822 +172.1%$11,966
    2001$670 -56.6%$11,966
    2000$1,544 -20.5%$11,966 +19.2%
    1999$1,941 $10,038

    Find assessor info on the county website

    Neighborhood: South Shore

    Nearby schools

    GreatSchools rating
    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
    $361,600
    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
    $361,600