6720 S Jeffery Blvd - Apartments FOR SALE


Chicago, IL 60649- South Shore
$6,500,000 USD
312-351-1111
6720 S Jeffery Blvd, Chicago, IL for Sale
$6,500,000 USD
Apartments - FOR SALE
1/25
null | 8.08% Cap Rate

6720 S Jeffery Blvd
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • Prime Location in Jackson Park Highlands
  • Elevator Building
  • All new copper

OVERVIEW

33 Realty is pleased to present the exclusive listing for 6720 S. Jeffery Boulevard, a significant 82-unit multifamily asset in the desirable Jackson Park Highlands. Located at the gateway to the South Shore community, this property offers a premier position in one of Chicago's most sought-after south side locations. Erected in 1920, the building has been meticulously maintained, preserving its remarkable architectural details, from the chiseled window frames to the grand arched entryway. While honoring its historic character, the property has been updated with recently renovated units and new copper plumbing throughout. This offering represents an outstanding opportunity for an owner-operator. With a convenient on-site office, a new owner can efficiently complete the lease-up of rehabbed units and capitalize on the strong market growth in the surrounding neighborhood.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

81

PRICE/UNIT

$80,247

CAP RATE

8.08%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6720 Jeffrey

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1925

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

R-6, Chicago

APN/PARCEL ID

20-24-307-012-0000

ASK ABOUT THIS PROPERTY

Phillip Gross33 RealtyMore Info
312-351-1111

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Phillip Gross33 RealtyMore Info
312-351-1111

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