9408-9410 S Ewing Avenue - Apartments FOR SALE


Chicago, IL 60617- East Side
$600,000 USD
312-957-7213
9408-9410 S Ewing Avenue, Chicago, IL for Sale
$600,000 USD
Apartments - FOR SALE
1/13
null | 6.01% Cap Rate

9408-9410 S Ewing Avenue
Chicago, IL 60617
East Side


HIGHLIGHTS

  • Value-Add Opportunity
  • Superior Location & Amenities
  • Mobility Zone & Mobility Counseling Services
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 9408-9410 S Ewing Avenue in the East Side neighborhood of Chicago, Illinois (the “Property”). The three-story brick building contains five (5), 3-Bedroom/1- Bathroom residential units, one (1), 2-Bedroom/1-Bathroom unit, and one non-conforming Studio unit with 6,000 square feet of living area in 6,500 square feet of total area on a 0.15-acre parcel of land. The Property is well-located at the intersection of E 104th Street and S Ewing Avenue, one of the area’s primary commercial and commuter corridors. The Property is located within a Mobility Zone (a Chicago Housing Authority Program) and provides convenient access to area parks, highways, public transportation, and numerous retail amenities. The Property is less than 1-mile from Calumet Beach and Lake Michigan and is 3-miles from the Horseshoe Hammond Casino.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

6

PRICE/UNIT

$100,000

CAP RATE

6.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

M3-3

APN/PARCEL ID

26-05-304-007-0000

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.