7945 S Dobson Ave - Apartments FOR SALE


Chicago, IL 60619- South Chicago
$320,000 USD
773-293-5056
7945 S Dobson Ave, Chicago, IL for Sale
$320,000 USD
Apartments - FOR SALE
1/5
null | 21.62% Cap Rate

7945 S Dobson Ave
Chicago, IL 60619
South Chicago


HIGHLIGHTS

  • Significant Value Add Opportunity
  • Completely Vacant
  • $40K/Unit
  • Four (4) 2Bd/1Ba & Four (4) 1Bd/1Ba

OVERVIEW

Kiser Group is pleased to exclusively present for purchase 7945 S. Dobson Ave. An eight (8) unit building in Chicago's Chatham neighborhood. The property is a short walk away from Grand Crossing Park, the 79th St. Metra Station, and just a 20 minute drive from downtown Chicago. 7945 S. Dobson Ave. consists of four (4) 1Bd/1Ba units and four (4) 2Bd/2Ba units. By completing the necessary rehab, this gives an owner flexible options on what they can achieve with this building. 7945 S. Dobson Ave. requires plenty of TLC, providing a new owner the opportunity to add significant value through renovations of the apartments, common areas, and retail spaces. A unique opportunity to hand select a tenant base, an owner can achieve a cash flowing asset by setting rental rates already achieved in the area.

FOR SALE DETAILS

PRICE

$320,000 USD

PRICE/SF

$48 USD /SF

# OF UNITS

8

PRICE/UNIT

$40,000

CAP RATE

21.62%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

20-35-105-054-0000

ASK ABOUT THIS PROPERTY

John GeorgeKiser GroupMore Info
773-293-5056

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John GeorgeKiser GroupMore Info
773-293-5056

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