Apartment Buildings /IL /Cook County /Chicago /7947-7953 S King Dr
Apartment Buildings /IL /Cook County /Chicago /7947-7953 S King Dr

7947-7953 S King Dr - Apartments FOR SALE


Chicago, IL 60619 | 
$640,000 USD
312-610-1074
7947-7953 S King Dr, Chicago, IL for Sale
$640,000 USD
Apartments - FOR SALE
1/9
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7947-7953 S King Dr
Chicago, IL 60619

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HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • $58.1k/Unit
  • Rare Opportunity for an Investor to Acquire a Fully-Vacant Property and Add Value Through Rehabbing Units
  • Favorable Mix of Majority [91%] Two, Three, and Four Bedroom Units
  • Close Proximity to National Retailers

OVERVIEW

Essex Realty Group, Inc. has been exclusively engaged to market for sale 7947-53 S King Dr, consisting of two multifamily properties and 11 units in Chicago's Greater Grand Crossing neighborhood.

FOR SALE DETAILS

PRICE

$640,000 USD

PRICE/SF

$63 USD /SF

# OF UNITS

11

PRICE/UNIT

$58,182

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7947-7949 S. Martin Luther King Dr

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

B2-2 & B3-2

APN/PARCEL ID

20-34-200-016-0000,20-34-200-017-0000,20-34-200-018-0000,20-34-200-036-0000

ASK ABOUT THIS PROPERTY

Robert BermanEssex Realty Group, LLCMore Info
312-610-1074

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Robert BermanEssex Realty Group, LLCMore Info
312-610-1074

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

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