7359 S Lowe Ave - Apartments FOR SALE


Chicago, IL 60621- Englewood
$800,000 USD
312-890-2232
7359 S Lowe Ave, Chicago, IL for Sale
$800,000 USD
Apartments - FOR SALE
1/8
null | 12.2% Cap Rate

7359 S Lowe Ave
Chicago, IL 60621
Englewood


HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • 53K/Unit
  • Significant Rental Upside
  • Individually Furnaced; Tenants Pay Heat
  • Fully Occupied Asset with Opportunity to Add Value by Renovating Vintage Units

OVERVIEW

Nara Advisors is pleased to exclusively present for purchase 7359 S Lowe, a 15-unit apartment building located in Chicago's Englewood Neighborhood

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$115 USD /SF

# OF UNITS

15

PRICE/UNIT

$53,333

CAP RATE

12.2%

% LEASED

93%

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

0.11 AC

LAND SF

4,792 SF

ZONING

R3, Chicago

APN/PARCEL ID

20-28-116-013-0000

ASK ABOUT THIS PROPERTY

Jeremy DeMarcoNara AdvisorsMore Info
312-890-2232

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Jeremy DeMarcoNara AdvisorsMore Info
312-890-2232

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