***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!
Closed
$340,000
7738 S Merrill Ave, Chicago, IL 60649
4beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$341,800 Zestimate®
$--/sqft
$1,634 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 09:22am
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#: 12310582

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
Services availability

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$341,800
2% more+ $6,836
With Zillow Showcase(estimated)
$348,636