Map of Property

7205 S. Bennett Ave

For Sale

7205 S Bennett Ave, Chicago, IL 60649

This Chicago property for sale is located at 7205 S Bennett Ave. The current listed sale price for 7205 S. Bennett Ave is $1,850,000. 7205 S. Bennett Ave is situated on a lot that is 0.32 acre in size.

Contacts

Noah Birk

Kiser Group

Property Details

  • Property Type Multi-Family
  • Property Size 20,000 SF
  • Units 26
  • Lot Size 0.32 Acre
  • Year Built 1924
  • Date Updated Aug 12, 2026
.Kiser Group is pleased to exclusively present for purchase 7205 S. Bennett Ave., a 26-unit multifamily investment opportunity located in Chicago's South Shore neighborhood. Just one block from the Bryn Mawr Metra Electric Station, the property offers residents convenient access to Downtown Chicago while benefiting from South Shore's continued investment activity and strong rental demand. The property features a well-balanced unit mix of fourteen (14) one-bedroom and twelve (12) two-bedroom apartments. All one-bedroom units offer the potential to be converted into two-bedroom layouts, providing investors with a clear value-add opportunity to increase rental income and maximize long-term returns. Offered at $1,850,000 ($71,154 per unit), the asset delivers an attractive 9.00% in-place cap rate with significant upside. Through unit conversions and continued rental growth, investors have the opportunity to increase returns to a projected 14.36% pro forma cap rate, making this an exceptional acquisition with both strong in-place cash flow and substantial value-add potential.
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Highlights

  • All 1Bd/1Ba Units Can be Converted to 2Bd/1Ba Units
  • First Time on Market in 30+ Years
  • Prime South Shore Location
  • Twelve (12) 2Bd/1Ba & Fourteen (14) 1Bd/1Ba Units

Getting around

  • 88/100

    Walk Score ®

  • 65/100

    Transit Score ®

  • 58/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood South Shore
  • Zip Code 60649
  • Market Chicago

Points of Interest

  • Stony Island

    0.49 miles

  • South Shore

    0.68 miles

  • Windsor Park

    1.07 miles

  • 63rd Street

    1.24 miles

  • 83rd Street

    1.91 miles

  • 55th-56th-57th Street

    2.04 miles

  • 87th Street

    2.37 miles

  • 51st-53rd Street (Hyde Park)

    2.62 miles

  • Garfield

    2.95 miles

  • South Chicago (93rd Street)

    3.00 miles

  • Midwest

    0.36 miles

  • Shell

    0.43 miles

  • Fuel Star

    0.52 miles

  • BP

    0.53 miles

  • Mobil

    0.64 miles

  • Amstar

    0.71 miles

  • 2001

    0.89 miles

  • ChargePoint

    1.96 miles

  • Tesla Supercharger

    5.00 miles

  • eVgo

    7.76 miles

  • Trailer Parking

    1.13 miles

  • Dorchester Parking Lot

    1.58 miles

  • Chapin Hall Parking Lot

    1.64 miles

  • Kimbark South Parking Garage

    1.65 miles

  • 83rd Street Metra Park & Ride

    1.92 miles

  • Lexington Parking Lot

    1.96 miles

  • Campus South Parking

    1.96 miles

  • Parking/Materials Management

    2.17 miles

  • Medical Campus Parking Garage A

    2.22 miles

  • Medical Campus Parking Garage B

    2.36 miles

  • South Shore Motel

    1.20 miles

  • Empire Motel

    1.45 miles

  • East of the Ryan

    1.48 miles

  • The Study at the University of Chicago

    1.71 miles

  • Best Motel

    2.04 miles

  • Skyway Motel

    2.48 miles

  • Sophy Hotel

    2.52 miles

  • Hyatt Place Chicago-South/University Medical Center

    2.55 miles

  • Stony Island Motel

    2.55 miles

  • Admiral Motel

    2.79 miles

  • Local Market Foods

    0.22 miles

  • Save-A-Lot

    0.44 miles

  • Zees Supermarket Plus

    0.44 miles

  • Jewel-Osco

    0.60 miles

  • ALDI

    0.92 miles

  • City Sports

    1.76 miles

  • Pete's Produce

    1.93 miles

  • M & H Market

    2.00 miles

  • Hyde Park Shopping Center

    2.30 miles

  • Target

    2.58 miles

Contact Listing Broker
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