2800 E 87th St - Apartments FOR SALE


Chicago, IL 60617- South Chicago
$995,000 USD
630-229-2290
2800 E 87th St, Chicago, IL for Sale
$995,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

2800 E 87th St
Chicago, IL 60617
South Chicago


HIGHLIGHTS

  • Fully renovated in 2023
  • Retail storefront on ground level
  • One duplex and four multifamily (all 3 bed/2 bath)
  • New concrete around property, roof, windows, mechanicals and appliances

OVERVIEW

Fully renovated mixed use building investment opportunity. Building consists of retail on the ground floor, one duplex and four apartments (all 3 bed/2 bath). All units have been renovated with top end finishes and quality craftsmanship. All work permitted through City of Chicago and includes new concrete around property, new roof, new windows, all new mechanicals and appliances. Retail unit features 1,200± SF with two restrooms and additional 400± SF storage in basement.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$116 USD /SF

# OF UNITS

6

PRICE/UNIT

$165,833

CAP RATE

Request Cap Rate

% 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

3

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,723 SF

ZONING

B3-2

APN/PARCEL ID

21-31-422-032-0000

ASK ABOUT THIS PROPERTY

Jon WaldronJohn Greene CommercialMore Info
630-229-2290

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Jon WaldronJohn Greene CommercialMore Info
630-229-2290

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