7245-7255 S Bennett Ave - Apartments FOR SALE


Chicago, IL 60649- South Shore
$2,000,000 USD
312-610-1706
7245-7255 S Bennett Ave, Chicago, IL for Sale
$2,000,000 USD
Apartments - FOR SALE
1/8
null | 11.1% Cap Rate

7245-7255 S Bennett Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • Professionally operated and meticulously maintained by a long term local owner
  • Incoming investor is poised to achieve a 9.5% cap rate day one
  • Close proximity to the South Shore cultural center
  • Within walking distance to the Bryn Mawr Metra Electric Line Stop - providing quick access to downtown Chicago

OVERVIEW

Nara Advisors is pleased to exclusively market for sale 7245 S Bennett Ave, a 19-unit apartment building located in Chicago's South Shore neighborhood.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$97 USD /SF

# OF UNITS

19

PRICE/UNIT

$105,263

CAP RATE

11.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,248 SF

ZONING

RT-4, Chicago

APN/PARCEL ID

20-25-120-010-0000

ASK ABOUT THIS PROPERTY

Robert BermanNara Realty AdvisorsMore Info
312-610-1706

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Robert BermanNara Realty AdvisorsMore Info
312-610-1706

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