7250 S Emerald Ave - Apartments FOR SALE


Chicago, IL 60621- Englewood
$1,000,000 USD
312-610-1705
7250 S Emerald Ave, Chicago, IL for Sale
$1,000,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

7250 S Emerald Ave
Chicago, IL 60621
Englewood


HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • Rare Opportunity to Acquire a Fully Vacant Building in Need of a Gut Rehab
  • Favorable Mix of [2] 1BD/1BA, [18] 2BD/1BA, [7] 3BD/2BA, [3] 4BD/2BA Duplex Units
  • 33k/Unit
  • Close Proximity to National Retailers

OVERVIEW

Nara Realty Advisors is pleased to exclusively market for sale 7250 S Emerald Ave, a 30-unit apartment building located in Chicago's Englewood neighborhood. This property presents the rare opportunity to acquire a fully vacant building in need of a gut renovation.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$46 USD /SF

# OF UNITS

30

PRICE/UNIT

$33,333

CAP RATE

Request Cap Rate

% LEASED

82%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,322 SF

ZONING

R-3

APN/PARCEL ID

20-28-108-037-0000

ASK ABOUT THIS PROPERTY

Jeremy DeMarcoNara Realty AdvisorsMore Info
312-610-1705

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Jeremy DeMarcoNara Realty AdvisorsMore Info
312-610-1705

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