605 E 80th St - Apartments FOR SALE


Chicago, IL 60619- Chatham
$525,000 USD
847-863-2707
605 E 80th St, Chicago, IL for Sale
$525,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

605 E 80th St
Chicago, IL 60619
Chatham


OVERVIEW

A 12-unit apartment building ideally suited for value-add investors seeking to create sweat equity through strategic repositioning. This attractive corner building is vacant and offers a blank slate opportunity for investors. The property is well located in Chatham, benefiting from strong transit connectivity, durable neighborhood demand, and favorable Chicago multifamily fundamentals driven by a limited new supply pipeline. This is the type of asset where clean execution renovation efforts can translate directly into NOI growth, creating long-term stability for investors focused on both cash flow and appreciation.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

12

PRICE/UNIT

$43,750

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

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,662 SF

ZONING

RT-4

APN/PARCEL ID

20-34-212-001-0000

ASK ABOUT THIS PROPERTY

Steven RapoportChicago Real Estate ResourcesMore Info
847-863-2707

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Steven RapoportChicago Real Estate ResourcesMore Info
847-863-2707

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