$2,100,000 USD
312-890-2232
1721-1725 E 79th St
Chicago, IL 60649
South Chicago
HIGHLIGHTS
- The property is located just blocks from I-94
- Averaging $1,200 for 1-Beds
- 8 out of 9 residential occupied units are subsidy tenants & 2 out of 3 commercial units have been occupied for 5+ years
- With high rent potential and a competitive market
- This asset is poised to return a 9.9% cap rate through the strategic lease up of vacant units
FOR SALE DETAILS
PRICE
$2,100,000 USD
PRICE/SF
$151 USD /SF
# OF UNITS
24
PRICE/UNIT
$87,500
CAP RATE
11.2%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1928
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.19 AC
LAND SF
8,250 SF
ZONING
B3-2
APN/PARCEL ID
20-36-101-009-0000
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312-890-2232
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312-890-2232
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