8743-8747 S Beverly Ave - Apartments FOR SALE


Chicago, IL 60620- Gresham
$730,000 USD
606-375-5398
8743-8747 S Beverly Ave, Chicago, IL for Sale
$730,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

8743-8747 S Beverly Ave
Chicago, IL 60620
Gresham


OVERVIEW

CRER is pleased to present 12-unit multifamily building located in the south side Chicago neighborhood of Auburn Gresham. The property includes a unit mix of (5) two bedroom, (3) one bedroom, and (4) studio units. There is a laundry room and 12 exterior parking spaces on-site. The building is currently 42% occupied and primed for an investor looking to add value. Each of the vacant units will need to be renovated including updates to the kitchens and baths. The mechanicals (heating, electric, plumbing) are older but in working condition.

FOR SALE DETAILS

PRICE

$730,000 USD

PRICE/SF

$75 USD /SF

# OF UNITS

12

PRICE/UNIT

$60,833

CAP RATE

Request Cap Rate

% LEASED

42%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

RT-4

APN/PARCEL ID

25-06-200-087-0000

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.