8136 S Marshfield Ave - Apartments FOR SALE


Chicago, IL 60620- Gresham
$625,000 USD
312-351-1111
8136 S Marshfield Ave, Chicago, IL for Sale
$625,000 USD
Apartments - FOR SALE
1/5
null | 10.99% Cap Rate

8136 S Marshfield Ave
Chicago, IL 60620
Gresham


OVERVIEW

Well-maintained 6-unit brick building in Auburn Gresham, fully occupied and delivering a 10.5% cap rate on actuals. Updated with new copper plumbing, electrical, and an upgraded roof, the property offers four 3-bedroom and two 2-bedroom units on a 7,522 SF lot. In-place rents are low compared to market, allowing meaningful room for growth. PROPERTY HIGHLIGHTS Excellent Unit Mix [4] 3 Bedroom/1 Bath Units [2] 2 Bedroom/1 Bath Units New copper plumbing and electrical Upgraded roof Fully Occupied

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

6

PRICE/UNIT

$104,167

CAP RATE

10.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,474 SF

ZONING

RT-4

APN/PARCEL ID

20-31-222-030-0000

ASK ABOUT THIS PROPERTY

Phillip Gross33 RealtyMore Info
312-351-1111

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Phillip Gross33 RealtyMore Info
312-351-1111

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