Apartment Buildings /IL /Cook County /Chicago /1155 W 83rd St
Apartment Buildings /IL /Cook County /Chicago /1155 W 83rd St

1155 W 83rd St - Apartments FOR SALE


Chicago, IL 60620- Gresham | 
$2,800,000 USD
312-610-1705
1155 W 83rd St, Chicago, IL for Sale
$2,800,000 USD
Apartments - FOR SALE
1/8
null | 10.1% Cap Rate
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1155 W 83rd St
Chicago, IL 60620
Gresham

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HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • 65K/Unit
  • Opportunity to Add Value by Leasing Vacant, Rent Ready Units
  • Significant Rental Upside, Rents Are +50% Below Market
  • Owned and Operated by Local Owner for 20+ Years
  • Located Within Walking Distance to Gresham Metra RI Line Stop

OVERVIEW

Nara Realty Advisors is pleased to exclusively market for sale 8301 S Racine Ave, a 43-unit apartment building located in Chicago's Auburn Gresham neighborhood.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$93 USD /SF

# OF UNITS

43

PRICE/UNIT

$65,116

CAP RATE

10.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8301 S Racine Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,657 SF

ZONING

B3-2

APN/PARCEL ID

20-32-400-037-0000

ASK ABOUT THIS PROPERTY

Robert BermanNara Realty AdvisorsMore Info
312-610-1705

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Robert BermanNara Realty AdvisorsMore Info
312-610-1705

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

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