$2,750,000 USD
312-327-5455
7600-14 S South Shore Dr
Chicago, IL 60649
South Shore
HIGHLIGHTS
- 9.57% Stabilized Cap & 16.54% Stabilized Cash-on-Cash Return.
- With minor renovations, an investor can capture nearly $200,000 in additional rental income.
- This courtyard building consists of: 28 One-Bedroom/One-Bath Apartments and 11 Two-Bedroom/One-Bath Apartments.
- Three-minute walk to Rainbow Beach, five-minute walk to Metra’s Windsor Park station, and a 11-minute drive to the University of Chicago.
FOR SALE DETAILS
PRICE
$2,750,000 USD
PRICE/SF
$87 USD /SF
# OF UNITS
39
PRICE/UNIT
$70,513
CAP RATE
9.57%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1925
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.51 AC
LAND SF
22,216 SF
ZONING
RM-5, Chicago
APN/PARCEL ID
21-30-404-026-0000,21-30-404-027-0000
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312-327-5455
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312-327-5455
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