7003 S Oglesby Ave - Multi-Family FOR SALE


Chicago, IL 60649- South Shore
$2,800,000 USD
312-957-7213
7003 S Oglesby Ave, Chicago, IL for Sale
$2,800,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

7003 S Oglesby Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Value-Add Potential
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 7003 S Oglesby Avenue in Chicago, IL (the “Property”). The four-story building contains twenty (20) 2-Bedroom/1-Bathroom units with 20,000 square feet of gross living area and 22,750 square feet of gross area. The Property is situated upon a 0.22-acre parcel and offers street parking. The Property is well-positioned within Chicago’s South Shore neighborhood, offering strong visibility and convenient access to surrounding residential and commercial areas. The property benefits from proximity to Lake Shore Drive and I-90/94, ensuring efficient connectivity to downtown Chicago, Hyde Park, and the broader metropolitan area. Public transportation options, including nearby CTA bus routes and Metra service, further enhance accessibility for residents and visitors. In addition, the property is surrounded by a wide range of neighborhood amenities such as retail, dining, parks, and lakefront recreation, supporting both livability and long term tenant appeal.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

20

PRICE/UNIT

$140,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7003 S Oglesby

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

20-24-427-001-0000

ASK ABOUT THIS PROPERTY

Danny BreiterHorvath & TremblayMore Info
312-957-7213

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Danny BreiterHorvath & TremblayMore Info
312-957-7213

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