6838 S Ridgeland Ave - Apartments FOR SALE


Chicago, IL 60649- South Shore
$675,000 USD
312-890-2232
6838 S Ridgeland Ave, Chicago, IL for Sale
$675,000 USD
Apartments - FOR SALE
1/8
null | 9.8% Cap Rate

6838 S Ridgeland Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • Favorable Mix of Entirely Two Bedroom Units
  • Opportunity to Add Value by Increasing Currently Below Market rents
  • Close Proximity to the University of Chicago and Future Obama Presidential Library Site
  • Within Walking Distance to Stony Island Metra Stop
  • Individually Furnaced, Tenants Pay Heat

OVERVIEW

Nara Advisors is pleased to exclusively present for sale 6838 S Ridgeland Ave, a 6-unit apartment building located in Chicago's Jackson Park Highlands Neighborhood.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$67 USD /SF

# OF UNITS

6

PRICE/UNIT

$112,500

CAP RATE

9.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

RM-5

APN/PARCEL ID

20-24-310-019-0000

ASK ABOUT THIS PROPERTY

Jeremy DeMarcoNara AdvisorsMore Info
312-890-2232

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Jeremy DeMarcoNara AdvisorsMore Info
312-890-2232

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