Essex Realty Group, LLC. has been exclusively engaged to market for sale 7631 W 63rd Pl, an 18-unit apartment building located just 13 miles southwest of downtown Chicago. The property offers a mix of four 1-bedroom/1-bathroom units, nine 2-bedroom/1-bathroom units, and five 3-bedroom/1-bathroom units. 12 of 18 units have been recently rehabbed, and the building operates efficiently with electric baseboard heat, lowering overall expenses. Current rental rates deliver an attractive 7.71% capitalization rate and a Gross Rent Multiplier (GRM) of 7.74. With rents significantly below market, there’s immediate opportunity to boost rental income by nearly 20%. The building's location less than 5 miles from Midway Airport adds convenience for tenants seeking affordable and accessible living.