949 E 84th St - Apartments FOR SALE


Chicago, IL 60619- Chatham
$600,000 USD
312-477-0197
949 E 84th St, Chicago, IL for Sale
$600,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

949 E 84th St
Chicago, IL 60619
Chatham


HIGHLIGHTS

  • Desirable Unit Mix: 1, 2, & 3 BD Layouts
  • Updated Units with Granite Countertops, New Kitchen Cabinetry
  • Spacious Unit Layouts/Large Floorplans
  • Top of the Market In-Place Subsidy Rents
  • Double Digit CAP Rate Returns
  • Garage Located in Rear of Property

OVERVIEW

Interra Realty LLC has been exclusively engaged to present for sale 947-949 E. 84th St. The subject property is a seven (7) unit apartment building located in the Chatham neighborhood of Chicago's South Side. The property is a center entrance walk up building consisting of (3) 3BD/1 BA units, (3) 2 BD/1 BA & (1) 1 BD/1 BA garden unit. All units in the property have undergone cosmetic rehab including updated kitchens and baths along with hardwood flooring. Apartments feature stainless steel appliances granite countertops, and new cabinetry. The floor plans feature spacious layouts. A new investor has an opportunity to acquire a stabilized, professionally managed property with top of the market in place rents and the ability to achieve market leading returns.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$77 USD /SF

# OF UNITS

7

PRICE/UNIT

$85,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1929

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,807 SF

ZONING

RS-3

APN/PARCEL ID

20-35-307-005-0000

ASK ABOUT THIS PROPERTY

Lucas FrymanInterra RealtyMore Info
312-477-0197

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Lucas FrymanInterra RealtyMore Info
312-477-0197

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