414 E 76th St - Apartments FOR SALE


Chicago, IL 60619- Chatham
$680,000 USD
312-477-0197
414 E 76th St, Chicago, IL for Sale
$680,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

414 E 76th St
Chicago, IL 60619
Chatham


HIGHLIGHTS

  • Highly desirable unit mix of one, two and three bedroom units
  • Attractive entry price point; Newer Boiler
  • Value add opportunity through capturing market rents. Average Rent of $973
  • First Time For Sale in 15 years

OVERVIEW

Interra Realty is pleased to present for sale the property located at 414 E. 76th St. The subject investment property is a 10 unit, walk-up style, multifamily asset in the historic Grand Crossing neighborhood. The property offers an desirable unit mix of one, two, and three bedroom apartments. The opportunity presents a buyer with the option to conduct cosmetic renovations in order to achieve higher rental rates in line with other updated units at the property and within the submarket. A new investor has the opportunity to acquire a fully occupied, recently improved property with an further upside remaining in the rent roll.

FOR SALE DETAILS

PRICE

$680,000 USD

PRICE/SF

$62 USD /SF

# OF UNITS

10

PRICE/UNIT

$68,000

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

2

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,249 SF

ZONING

RS-2

APN/PARCEL ID

20-27-400-033-0000

ASK ABOUT THIS PROPERTY

Lucas FrymanInterra RealtyMore Info
312-477-0197

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Lucas FrymanInterra RealtyMore Info
312-477-0197

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