1619 E 70th St - Apartments FOR SALE


Chicago, IL 60649- South Shore
$975,000 USD
708-351-3246
1619 E 70th St, Chicago, IL for Sale
$975,000 USD
Apartments - FOR SALE
1/46
null | 8.23% Cap Rate

1619 E 70th St
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • Gut Renovated in Year 2021
  • Excellent unit mix
  • Updated mechanical systems and central A/C

OVERVIEW

PREMIUM 7 unit building new to the market in the highly desirable Jackson Park Highlands neighborhood of the SS Chicago. The building features an excellent unit mix of six 2-bedrooms and 1 studio. Attached 1-car garage for extra income. All of the heavy lifting has been completed due to a recent gut renovation in 2021, including all major mechanical systems. Each unit features individual furnaces with central A/C. The property has an excellent location on a cul de sac block and is close to the Metra stop as well as a 20-minute drive to downtown. This is a fully tenanted building that provides stable rental income while still having room for growth!

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

7

PRICE/UNIT

$139,286

CAP RATE

8.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

B1-2

APN/PARCEL ID

20-24-323-014-0000

ASK ABOUT THIS PROPERTY

Anthony GolobHalsted Taylor Real EstateMore Info
708-351-3246

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Anthony GolobHalsted Taylor Real EstateMore Info
708-351-3246

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