7727 S Colfax Ave - Apartments FOR SALE


Chicago, IL 60649- South Shore
$599,900 USD
606-375-5398
7727 S Colfax Ave, Chicago, IL for Sale
$599,900 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

7727 S Colfax Ave
Chicago, IL 60649
South Shore


OVERVIEW

CRER is pleased to present 11-unit multifamily building located in the south side Chicago neighborhood of South Shore. The property includes a unit mix of (3) two bedroom and (8) one bedroom units. There is a laundry room and 12 exterior parking spaces on-site. The building is currently 100% vacant and primed for an investor looking to add value. Each unit will need to be renovated as they are in various stages of disarray. The mechanicals are older but in working condition. There are current porch violations.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$55 USD /SF

# OF UNITS

11

PRICE/UNIT

$54,536

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

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RT-4

APN/PARCEL ID

21-30-322-008-0000,21-30-322-009-0000

ASK ABOUT THIS PROPERTY

Finley AskinChicago Real Estate ResourcesMore Info
606-375-5398

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Finley AskinChicago Real Estate ResourcesMore Info
606-375-5398

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