10401 S Ewing Ave - Apartments FOR SALE


Chicago, IL 60617- South Chicago
$750,000 USD
312-361-1647
10401 S Ewing Ave, Chicago, IL for Sale
$750,000 USD
Apartments - FOR SALE
1/13
null | 7.14% Cap Rate

10401 S Ewing Ave
Chicago, IL 60617
South Chicago


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 mixed-use residential and retail investment property located at 10401 S Ewing Avenue in the East Side neighborhood of Chicago, Illinois (the “Property”). The two-story building contains nine (9) units comprised of two (2) retail units at street-level and seven (7) residential units spread over the 1st and 2nd floors. The Property also has one non-conforming unit in the basement (not included in the unit count). The property has 10,000 square feet of gross living area in 12,000 square feet of total area on a 0.14- acre corner parcel. 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 2-miles from the Horseshoe Hammond Casino.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

9

PRICE/UNIT

$83,333

CAP RATE

7.14%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B3-1

APN/PARCEL ID

26-08-322-048-0000

ASK ABOUT THIS PROPERTY

Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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