21907 Jeffrey Ave - Apartments FOR SALE


Sauk Village, IL 60411
$500,000 USD
312-960-6759
21907 Jeffrey Ave, Sauk Village, IL for Sale
$500,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

21907 Jeffrey Ave
Sauk Village, IL 60411


HIGHLIGHTS

  • 20-unit multifamily portfolio located across Chicago Heights and Sauk Village
  • Convenient access to I-394, I-57, and U.S. Route 30 providing connectivity throughout the greater Chicago metropolitan area
  • Area employers include Ford Motor Company, Franciscan Health Olympia Fields, Prairie State College, and the broader south suburban logistics and manuf

OVERVIEW

21907 Jeffrey Ave. is a well-located 6-unit multifamily property situated in Sauk Village, Illinois, with convenient access to Chicago Road, I-394, and the broader south suburban employment corridor. The property benefits from proximity to regional retail centers, logistics and industrial employers, and nearby municipalities including Chicago Heights, South Holland, and Lansing. The property features a unit mix of (1) one-bedroom / one-bathroom unit and (5) two-bedroom / one-bathroom units, providing strong appeal to the area’s workforce housing tenant base. The asset has maintained stable occupancy and offers investors attractive in-place cash flow with the opportunity to continue improving operations and interior finishes over time. Tenants are responsible for electric, and the units feature built-in wall air conditioning units for resident comfort. Constructed as a brick multifamily property, 21907 Jeffrey Ave. offers a combination of durable construction, steady rental demand, and long-term investment potential within an established south suburban rental market.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

6

PRICE/UNIT

$83,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1979

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,500 SF

ZONING

-

APN/PARCEL ID

32-25-315-024-0000

ASK ABOUT THIS PROPERTY

Maira ManciaSVN | Chicago CommercialMore Info
312-960-6759

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Maira ManciaSVN | Chicago CommercialMore Info
312-960-6759

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