6700 S Clyde Ave - Apartments FOR SALE


Chicago, IL 60649- South Shore
$2,075,000 USD
773-293-5090
6700 S Clyde Ave, Chicago, IL for Sale
$2,075,000 USD
Apartments - FOR SALE
1/5
null | 8% Cap Rate

6700 S Clyde Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • Three (3) 3Bd/2Ba, Six (6) 2Bd/2Ba, Three (3) 2Bd/1Ba, & 1Bd/1Ba Units
  • Prime Jackson Park Location
  • Gut Renovated Building
  • New Kitchens and Baths
  • Assumable Debt at 5.75% Interest Rate

OVERVIEW

Kiser Group is pleased to exclusively present for purchase 6700 S. Clyde Ave, thirteen (13) unit apartment building in Chicago's historic Jackson Park neighborhood. Located in one of the most sought after pockets just seven (7) miles south of Chicago's downtown, the building sits blocks away from Lake Michigan and the South Shore Cultural Center, and also sits adjacent to Jackson Park - the future site of the Obama Presidential Library and renowned Jackson Park Golf Course. 6700 S. Clyde is comprised of six (6) 2Bd/2Ba, three (3) 2Bd/1Ba, three (3) 3Bd/2Ba, & one (1) 1Bd/1Ba unit. All of which, however, feature spacious layouts and have renovated kitchens and baths. Further improvements to the building include, but are not limited to, an updated electric, copper plumbing, individual furnaces, individual water tanks, and in unit laundry. 6700 S. Clyde presents an investor with the opportunity to acquire a property in one of Chicago's most desirable and appreciating neighborhoods. While the neighborhood has seen unprecedented growth over the past few years, further developments continue to aid the neighborhoods growth. With the addition of both the Presidential Library and the newly designed Jackson Park Golf Course, the neighborhood is slated to continue to further appreciate.

FOR SALE DETAILS

PRICE

$2,075,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

13

PRICE/UNIT

$159,615

CAP RATE

8%

% 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

1934

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RM-5

APN/PARCEL ID

20-24-401-035-0000

ASK ABOUT THIS PROPERTY

Noah BirkKiser GroupMore Info
773-293-5090

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Noah BirkKiser GroupMore Info
773-293-5090

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