6811 S. Paxton Avenue, a 29-unit multifamily apartment building located in Chicago’s South Shore neighborhood on the east side of Paxton Avenue, between 68th and 69th Streets. Offered via competitive auction, the property represents a rare opportunity to acquire a multifamily asset at auction-driven pricing with immediate lease-up upside. The South Shore neighborhood is approximately 10 miles south of downtown Chicago and is home to more than 150,000 residents within a three-mile radius, providing a stable and demand-driven renter base. The property benefits from exceptional transit connectivity via Lake Shore Drive and the Chatham/79th Metra Station, as well as proximity to I-90, making daily commuting to downtown Chicago straightforward and accessible. Essential retail, including Save-A-Lot, Family Dollar, Dollar General, McDonald’s, Subway, and Little Caesars Pizza, serves the immediate community. Investors seeking exposure to Chicago’s value-add multifamily sector at a reset basis will find this property an attractive platform for repositioning.
Tours scheduled on June 4th & 18th.