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7723 S Constance Ave , Chicago, IL 60649
$364,900
Est. Payment: $1,991.41/mo
8 Bed
3 Bath
Status: active | Days on site: 8
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29454 - 226038
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House Description

Located on the South Shore, just steps from the lakefront, this jumbo, turnkey, move-in-ready multi-unit property is one you won't want to overlook! Buildings this clean and well-maintained rarely hit the market, making this an exceptional opportunity for both homeowners and investors alike. This impressive property features two spacious residential units, along with a finished basement that was previously used as an additional apartment. Whether you choose to use the basement as an in-law suite or explore the possibility of renting it as a non-conforming unit, the additional finished living space offers tremendous flexibility and value. Both the first- and second-floor units feature similar, spacious layouts designed for comfortable living. Enjoy large living rooms filled with natural light streaming through beautiful bay windows, along with formal dining rooms perfect for entertaining. Refinished hardwood floors throughout both units add warmth and character, while three generously sized bedrooms in each unit provide plenty of space for families, roommates, or tenants. Both kitchens and bathrooms have been recently updated, giving the property a refreshed, modern feel. Most of the windows have also been replaced, adding to the home's overall appeal. To top it all off, the property includes a two-car brick garage, providing convenient parking and additional value. Whether you're looking to live in one unit while collecting rental income from the others or rent out all available units to build your investment portfolio, this property offers an excellent opportunity to make the most of multi-unit ownership. With its spacious layouts, thoughtful updates, additional finished basement space, and desirable South Shore location just steps from the lakefront, this is an opportunity you won't want to miss! Live in one unit, rent the others, or maximize your investment potential by renting the entire property. However you look at it, this is an opportunity worth exploring!

Highlights

Listed by Ryan Smith , 708-246-6300 Smith Partners & Associates , 630-810-9260. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

1966

County

Cook

Area

CHI - South Shore

School District

299

Listing ID

12777909

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:3
Basement:Finished,Full
Water:Lake Michigan,Public

Exterior Features

Lot Dimensions:3780
Garage Capacity:2
Zoning:MULTI
Sewer:Public Sewer
Parking Features:Yes,Garage Owned,Detached,Garage
Principal Interest
$1,991
Taxes
$215

Home Price

$364,900

Loan Details

30 yrs
7.25%

Down Payment

20%
$72,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,991.41

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,991.41 $215.33 $0.00 $2,206.74
Yearly $23,896.91 $2,584.00 $0.00 $26,480.91
Total $716,907.24 $77,520.00 $0.00 $794,427.24
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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