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Off Market
1/12

6949-6959 S Merrill Ave
Chicago, IL 60649


HIGHLIGHTS

  • Prime Jackson Park Highlands Location
  • Newer Boiler & Hot Water Tanks
  • Desirable Unit Mix: [17] 2 Bedroom Units
  • Proximity to Public Transportation

OVERVIEW

SVN is pleased to present a 31-unit multifamily building in Chicago's south side neighborhood of Jackson Park Highlands. The unit mix of the property consists of [5] studio, [9] 1 bedroom and [17] 2 bedroom units. Recent improvements to the building include newer vinyl windows, an updated boiler, and new hot water tanks in 2017. The property, built in 1922, is zoned RM-5 and situated on a 15,053 sq. ft. parcel of land. Jackson Park Highlands is a historic district within the South Shore community and is located approximately 10 miles to the south of Chicago’s CBD, and just south of Hyde Park. Built in 1905 by various architects, the neighborhood contains predominately large single family homes and borders the Jackson Park Golf Course.

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Jackson Park Highlands 31-Unit Multifamily

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

26000

STORIES

4

YEAR BUILT

1922

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

20-24-417-014-0000