2747 W 59th St - Apartments FOR SALE


Chicago, IL 60629- Chicago Lawn
$675,000 USD
312-957-7213
2747 W 59th St, Chicago, IL for Sale
$675,000 USD
Apartments - FOR SALE
1/17
null | 7.93% Cap Rate

2747 W 59th St
Chicago, IL 60629
Chicago Lawn


HIGHLIGHTS

  • Value-Add Opportunity
  • Convenient Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2747 W 59th Street in Chicago, Illinois (the “Property”). The three-story brick building contains nine (9) total units, comprised of one (1) Studio unit, three (3), 1-Bedroom/1-Bathroom units and five (5), 2-Bedroom/1-Bathroom units with 7,200 square feet of living area in 7,500 square feet of gross area on a 0.14-acre parcel. The Property offers private patios or balconies for each unit and has six (6) on-site parking spaces. 2747 W 59th Street is situated on the border of Chicago’s Gage Park and Chicago Lawn neighborhoods on the southwest side. The Property is well-located along W 59th Street and is in between S Kedzie Avenue and S Western Avenue, the area’s primary commercial and commuter corridors, which are home to a number of national and local retailers and restaurants and area businesses. The Property offers convenient access to CTA bus routes, CTA Subway stations, and area highways.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$113 USD /SF

# OF UNITS

9

PRICE/UNIT

$75,000

CAP RATE

7.93%

% 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

1968

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B3-2

APN/PARCEL ID

19-13-400-043-0000

ASK ABOUT THIS PROPERTY

Danny BreiterHorvath & TremblayMore Info
312-957-7213

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Danny BreiterHorvath & TremblayMore Info
312-957-7213

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