7546-7548 S Peoria St - Apartments FOR SALE


Chicago, IL 60620- Gresham
$699,000 USD
773-983-0741
7546-7548 S Peoria St, Chicago, IL for Sale
$699,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

7546-7548 S Peoria St
Chicago, IL 60620
Gresham


HIGHLIGHTS

  • Attractive unit mix two and three bedrooms
  • Corner building
  • Cleaned out and ready for rehab
  • REO / Foreclosure

OVERVIEW

Multifamily investment opportunity featuring a highly favorable unit mix that supports strong rent performance, long-term tenancy, and operational efficiency. The property consists of 18 total units, including 15 two bedroom units and 3 three bedroom units-a configuration that is increasingly sought after by investors due to sustained demand for larger apartments in workforce and family-oriented housing markets. The subject property is currently vacant and in need of substantial renovation. Property is being sold in 'AS IS' condition. Proof of funds required with all offers. REO / Foreclosure Financials are pro-forma. Vacant and secured. Fully cleaned out of all garbage and waste.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$39 USD /SF

# OF UNITS

18

PRICE/UNIT

$38,833

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1916

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RS-3, Chicago

APN/PARCEL ID

20-29-405-033-0000

ASK ABOUT THIS PROPERTY

Timothy KeenanChicago Real Estate ResourcesMore Info
773-983-0741

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Timothy KeenanChicago Real Estate ResourcesMore Info
773-983-0741

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