11043 S Longwood Dr - Apartments FOR SALE


Chicago, IL 60643- Morgan Park
$630,000 USD
773-293-5056
11043 S Longwood Dr, Chicago, IL for Sale
$630,000 USD
Apartments - FOR SALE
1/5
null | 5.1% Cap Rate

11043 S Longwood Dr
Chicago, IL 60643
Morgan Park


HIGHLIGHTS

  • Four (4) Units are Renovated
  • Tenant Paid Utilities
  • Desirable Morgan Park Neighborhood
  • 0.1 Miles from Metra (111th St - Morgan Park)

OVERVIEW

Kiser Group is pleased to exclusively present 11043 S. Longwood Dr for purchase. This six-unit multifamily property is located in a desirable pocket of Chicago’s Morgan Park neighborhood. Residents enjoy proximity to parks, public transportation via the 111th Street Metra Station, and a short drive to downtown Chicago. The unit mix at this property includes six (6) 1-bedroom, 1-bath apartments. With modest cosmetic upgrades—such as updated flooring, refreshed kitchen finishes, and bathroom enhancements—a new owner can unlock significant value through improved building performance, strategic management, and targeted capital improvements. Currently, four of the six units are vacant and ready for renovation, offering a prime opportunity for value-add investors. This asset presents the potential for strong returns under active, hands-on ownership.

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

6

PRICE/UNIT

$105,000

CAP RATE

5.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,643 SF

ZONING

RT-4

APN/PARCEL ID

25-18-406-015-0000

ASK ABOUT THIS PROPERTY

John GeorgeKiser GroupMore Info
773-293-5056

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John GeorgeKiser GroupMore Info
773-293-5056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.