$2,400,000 USD
312-610-1706
7237-7243 S Bennett Ave
Chicago, IL 60649
South Shore
HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Professionally operated and meticulously maintained by long term local owner
- Strong 1-bed rents: averaging $1,416/mo.
- Strong 2-bed rents: averaging $1,428/mo.
- Ability to lease-up [3] currently vacant units
- Investor is poised to achieve a 10% cap rate day one
FOR SALE DETAILS
PRICE
$2,400,000 USD
PRICE/SF
$73 USD /SF
# OF UNITS
24
PRICE/UNIT
$100,000
CAP RATE
11.6%
% LEASED
21%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1929
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.28 AC
LAND SF
12,197 SF
ZONING
RT-4
APN/PARCEL ID
20-25-120-009-0000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
312-610-1706
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
312-610-1706
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
