7800 S Exchange Ave - Apartments FOR SALE


Chicago, IL 60649- South Shore
$525,000 USD
773-615-2626
7800 S Exchange Ave, Chicago, IL for Sale
$525,000 USD
Apartments - FOR SALE
1/2
null | 7.87% Cap Rate

7800 S Exchange Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • South Chicago neighborhood location
  • 6-unit multifamily building
  • Two blocks from lakefront
  • Near 79th Street retail corridor
  • Transit-accessible location
  • Consistent occupancy history

OVERVIEW

7800 S Exchange Avenue comprises six residential units evenly split between one-bedroom and two-bedroom layouts, offering a balanced unit mix. The property is situated two blocks from the lakefront and near the 79th Street retail corridor, providing access to transit and neighborhood services while remaining set back from major commercial traffic. The building benefits from consistent occupancy supported by its proximity to transportation, retail, and lakefront amenities. Its location within a well-established South Chicago submarket positions the asset as a reliable income-producing property with stable day-to-day performance.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$93 USD /SF

# OF UNITS

6

PRICE/UNIT

$87,500

CAP RATE

7.87%

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RT-4

APN/PARCEL ID

21-30-408-014-0000

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.