$3,775,000 USD
312-610-1705
7550-7558 S Essex Ave
Chicago, IL 60649
South Shore
HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Top Quality Units, Former Condo Building
- Assumable Debt Available: 3.62% IR, 64% LTV at List, 5 Year Term Remaining
- Favorable Mix of [8] 1BD/1BA, [17] 2BD/1BA, and [7] 3BD/2BA Units
- Stabilized, Cash-Flowing Asset with Significant Rental Upside
- Located 2 Blocks From Windsor Park ME Line Metra Stop
FOR SALE DETAILS
PRICE
$3,775,000 USD
PRICE/SF
$88 USD /SF
# OF UNITS
32
PRICE/UNIT
$117,969
CAP RATE
10.4%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1927
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.35 AC
LAND SF
15,246 SF
ZONING
RT-4
APN/PARCEL ID
21-30-301-033-0000
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312-610-1705
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