7544 S Saginaw Ave - Apartments FOR SALE


Chicago, IL 60649- South Shore
$900,000 USD
773-615-2626
7544 S Saginaw Ave, Chicago, IL for Sale
$900,000 USD
Apartments - FOR SALE
1/8
null | 7.61% Cap Rate

7544 S Saginaw Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • South Shore neighborhood location
  • 11-unit multifamily property
  • Stable in-place income
  • Opportunity for rent growth
  • Long-term ownership appeal

OVERVIEW

7544 S Saginaw is an 11-unit multifamily building positioned between Jeffery Boulevard and Stony Island Avenue on a quieter residential street. The property features a unit mix of seven one bedroom units and four two-bedroom units, supporting a balanced tenant base while maintaining convenient access to nearby commercial corridors and public transportation. The building is well suited for investors seeking steady performance with the opportunity for measured rent growth over time. With a stable tenant profile and a location that benefits from surrounding neighborhood activity, 7544 S Saginaw represents a balanced multifamily investment with long-term ownership appeal.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$107 USD /SF

# OF UNITS

11

PRICE/UNIT

$81,818

CAP RATE

7.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

RT-4

APN/PARCEL ID

21-30-304-019-0000

ASK ABOUT THIS PROPERTY

Brian Mond33 RealtyMore Info
773-615-2626

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Brian Mond33 RealtyMore Info
773-615-2626

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