6730 S Merrill Avenue, Chicago, IL

$698,750

Overview

  • 206293
  • Property ID
  • Updated On:
  • April 13, 2026
  • 9
  • Bedrooms
  • 6
  • Bathrooms
  • 0 ft2
  • Property Lot Size

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. All 3 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 $

Bathrooms
3+
Bedrooms
5+
Climate Control
Heating
Garden
Yes
Parking
Garage
Other Features
Brick
Concrete Perimeter
Curbs
Detached
Garage Door Opener
Garage Owned
Lake
Lake Michigan
Natural Gas
Park
Porch
Public Sewer
Screens
Sidewalks
Storm Sewer
Street Lights
Street Paved

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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$3,582.63
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,709.19

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Information for the property at 6730 S Merrill Avenue, Chicago, IL, 60649 (Property ID: 206293) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi