7020-7024 S Cregier Ave - Apartments FOR SALE


Chicago, IL 60649- South Chicago
$4,500,000 USD
312-254-0307
7020-7024 S Cregier Ave, Chicago, IL for Sale
$4,500,000 USD
Apartments - FOR SALE
1/14
null | 7.1% Cap Rate

7020-7024 S Cregier Ave
Chicago, IL 60649
South Chicago


HIGHLIGHTS

  • 2023 Taxes reduced from $73,910 to $40,000.
  • Legal Structure will keep taxes low. Ask for details.

OVERVIEW

AMAZING OPPORTUNITY TO OWN ONE OF THE NICEST CONDOMINIUM BUILDINGS IN SOUTH SHORE. Very Attractive Assumable Fannie Mae Debt. Low Property Taxes. Offering Memorandum available upon request.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$330 USD /SF

# OF UNITS

36

PRICE/UNIT

$125,000

CAP RATE

7.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7020-7024 S Cregier Avenue Condominiums

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,102 SF

ZONING

R-3, Chicago

APN/PARCEL ID

20-24-325-059-1007

ASK ABOUT THIS PROPERTY

Kevin RocioROC Advisory Group - @properties CommercialMore Info
312-254-0307

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Kevin RocioROC Advisory Group - @properties CommercialMore Info
312-254-0307

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