Movoto Real Estate
Sold on 08/16/2022
Peter Drossos of Peter Drossos Real Estate

2902 E 77th St, Chicago, IL 60649

  • $418,000

    Last sold 08/16/2022 for $337K

  • 7

    bed

  • 4

    bath

Multi-family not for sale
49 homes bought nearby with Movoto recently

About 2902 E 77th St

Property type Multi-family
Neighborhood
Year built 1880
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Property description
WE ARE IN A MULTIPLE OFFER SITUATION. ALL HIGHEST-AND-BEST OFFERS ARE DUE BY 5 PM ON WEDNESDAY, AUGUST 17, 2022. What a beauty! And it is just a two minute walk to Rainbow Beach! This building and its location is a very rare opportunity to own a property steps from the Lake and, equally important, it is on the east side of South Shore Drive! This legal, 2-unit building makes for a perfect investment; or, you can live in one unit and rent out the other two units - and you can live for practically free. And the best part? The mechanicals are in tip-top shape; simply put, this property has been well-maintained by its owner! There is a unit on each floor. Both units are presently rented on a month-to-month basis. The first floor features a 3-bedroom, 2-bathroom living space. The second floor features a 4-bedroom, 2-bathroom living space. Each unit features a sprawling living room and dining room that opens up to a nicely sized kitchen - all while being an intelligently designed space. Each unit feels like a house! Then head to a full, unfinished basement, which is the length and width of the building, and utilize this space for storage or convert it into more living space. The possibilities are endless. Close to schools, shopping, transportation, the South Shore Country Club, the upcoming Tiger Woods Golf Course and impeccable access to Lake Shore Drive. All financing types are acceptable: FHA, VA and conventional. Show and sell! NOTE: There is no homeowners exemption on this property.
Listed by
Listing Agent - Peter Drossos
Listing Office - Peter Drossos Real Estate
Source: MRED mls logo
MLS#11491124 • last updated 3 years ago
Movoto checked MRED for data 10 minutes ago
Overview
Heating Natural Gas
MLS # 11491124
SubType 2 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.12
Property Tax $ 3720.88
Year Built 1880
Buyer Agent Commission 2.50% MINUS $395, Net Sale Price
Interior
Basement Full, Partially Finished
Total # of Rooms 12
Exterior
Foundation Concrete Perimeter
Roof Rubber
Exterior Brick
Parking Desc Space/s, Off Street
# Parking Spaces 3
Exterior Features Porch
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 2
Location
Area CHI - South Shore
County Cook
Elementary School District 299
Middle School District 299
High School District 299
APN 21304050150000
Zoning MULTI
Directions Head North On South Shore Drive And Then Head East On 77th To 2902 East 77th Street
$418K
Range: $300K-$535K
Last 30 days 
  • Nov 2022
    mls logo MLS # 11491124
  • Nov 9, 2022 Sold
    $337,500 (-0.7%)
  • Aug 24, 2022 Active
  • Aug 13, 2022 Listed
    $340,000 (-22.4%)
  • Dec 2020
    mls logo MLS # 10922621
  • Dec 14, 2020 Active
  • Dec 14, 2020 Contingent
  • Dec 3, 2020 Re-Activated
  • Dec 2, 2020 Temporarily No Showings
  • Oct 30, 2020 Listed
    $438,000
  • 2902 E 77th St
    $337K
  • South Shore
    $158K +15% y/y
  • 60649
    $157K +16% y/y
  • Chicago
    $375K +4% y/y
No chart available
Statistics calculated by Movoto

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3/10
Source: GreatSchools.org © 2026. All rights reserved.

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