7846 S Essex Ave - Apartments FOR SALE


Chicago, IL 60649- South Shore
$1,950,000 USD
312-890-2232
7846 S Essex Ave, Chicago, IL for Sale
$1,950,000 USD
Apartments - FOR SALE
1/6
null | 11.1% Cap Rate

7846 S Essex Ave
Chicago, IL 60649
South Shore


HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • [2] Studio | [23] 1BD/1BA | [7] Commercial
  • All Residential Units Leased Through Master Lease with Featherfist, Guaranteed 100% Collections
  • 60K/Unit
  • 6/7 Commercial Units Occupied by Long Term Tenants

OVERVIEW

Nara Realty Advisors is pleased to exclusively present for purchase 7846 S Essex Ave, a 32-unit mixed-use property located in Chicago's South Shore neighborhood.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

32

PRICE/UNIT

$60,938

CAP RATE

11.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,456 SF

ZONING

50

APN/PARCEL ID

21-30-326-025-0000

ASK ABOUT THIS PROPERTY

Jeremy DeMarcoNara Realty AdvisorsMore Info
312-890-2232

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Jeremy DeMarcoNara Realty AdvisorsMore Info
312-890-2232

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