HIGHLIGHTS
- One of the few properties in Chicago operating with an active Single Room Occupancy (SRO) license - allowing 34 rentable rooms
- [34] Single Room Occupancy (SRO) Units | [4] Commercial Units
- Opportunity to Increase Value Through Strategic Lease-Up of SRO Units
- Situated Directly Across the Street from the Hegewisch Metra Electric Train Station
- SRO Housing Meets Increasing Demand for Affordable Living Solutions
FOR SALE DETAILS
PRICE
$1,170,000 USD
PRICE/SF
$73 USD /SF
# OF UNITS
38
PRICE/UNIT
$30,789
CAP RATE
12.8%
% LEASED
85%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1923
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.09 AC
LAND SF
3,920 SF
ZONING
SRO
APN/PARCEL ID
26-31-409-024-0000
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312-890-2232
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312-890-2232
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