7229 S Exchange Ave

Chicago IL 60649

3000 sq. ft.

Townhouse

Last sold for $315,000

Scott Berg, last sold this property on 12 December 2024 after 111 days on market.

Overview

This is an AMAZING opportunity to secure over $60K in equity! This newer construction townhome offers 14 ft ceilings and 3,000 sq. ft. of luxury at an affordable price. Inside, you'll find Italian marble countertops, stainless steel appliances, and a spacious master suite. The home boasts two balconies and a rooftop with stunning views of the lake and downtown. Additional features include two garage parking spaces and central air and heat. This property is ideal for both owner-occupants and investors, with low property taxes and no HOA fees. It's also a fantastic option for Airbnb or VRBO rentals; the previous owner earned up to $5,700 per month through short-term rentals. The seller is willing to provide closing cost assistance based on the offer presented. Don't miss out on this incredible opportunity! Property has recently been painted and updated within the last 2 weeks!

Features

3 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

3000 sq. ft. floor area

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Chicago over the last 12 months, the estimated median property value of 7229 S Exchange Ave is $370k.

Median value

$370k

Estimated value range

$28k - $581.49k

Median days on market

Estimated value trend

62%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7229 S Exchange Ave

2024

Sold

$315,000

12 Dec 2024 by Scott Berg, of Berg Properties

2022

Sold

$35,000

02 Sep 2022 by Ryan Smith, of REMAX Premier | Burr Ridge

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.