7913 S 83rd Ct - Multi-Family FOR SALE


Justice, IL 60458
$850,000 USD
312-957-7213
7913 S 83rd Ct, Justice, IL for Sale
$850,000 USD
Multi-Family - FOR SALE
1/15
null | 7.8% Cap Rate

7913 S 83rd Ct
Justice, IL 60458


HIGHLIGHTS

  • 6-Unit Multi-Family Opportunity
  • Value-Add
  • Strong Demographics
  • Convenient Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 7913 S 83rd Court in Justice, Illinois (the “Property”). The three-story brick building contains six (6) total units comprised of one (1), 3-Bedroom/2-Bathroom unit and five (5), 2-Bedroom/1-Bathroom units with 5,500 square feet of living area in 5,880 square feet of gross area on a 0.23-acre parcel. The Property has been well maintained and offers a private balcony or patio for each unit and has on-site parking for twelve (12) vehicles including a detached two-car garage. The Property will be delivered vacant. 7913 S 83rd Court is situated in the center of Justice, a small village and suburb of Chicago on the city’s southwest side. The Property is well-located in a residential neighborhood just off 79th Street, and convenient to Archer Avenue and S Harlem Avenue, the area’s primary commercial and commuter corridors, which are home to a number of national and local tenants that drive traffic to the area. The Property enjoys easy access to the Willow Springs and Summit Train Stations and is also close to Midway International Airport, which is located just minutes from the Property, and houses an “L” Station on the Chicago Transit Authority’s Orange Line, with service from the Loop to Midway.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

6

PRICE/UNIT

$141,667

CAP RATE

7.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

18-35-207-019-0000

ASK ABOUT THIS PROPERTY

Danny BreiterHorvath & TremblayMore Info
312-957-7213

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Danny BreiterHorvath & TremblayMore Info
312-957-7213

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