6800 S Paxton Ave - Apartments FOR SALE


Chicago, IL 60649- South Shore
$1,300,000 USD
815-341-0049
6800 S Paxton Ave, Chicago, IL for Sale
$1,300,000 USD
Apartments - FOR SALE
1/8
null | 9.18% Cap Rate

6800 S Paxton Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • 100% Occupied building
  • Value Add Opportunity for investor to increase below market rents
  • Comprised of (9) 3-Bd/1Ba Units and (3) 2-Bd/1Ba Units
  • 2 Beds averaging $1,084 and 3 Beds averaging $1,228
  • Prime location just blocks away from Lake Michigan and Jackson Park Golf Course

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

12

PRICE/UNIT

$108,333

CAP RATE

9.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,989 SF

ZONING

RM-5

APN/PARCEL ID

20-24-410-012-0000

ASK ABOUT THIS PROPERTY

Joe KahlhammerEssex Realty Group, LLCMore Info
815-341-0049

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Joe KahlhammerEssex Realty Group, LLCMore Info
815-341-0049

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