8000 S Ashland Ave - Apartments FOR SALE


Chicago, IL 60620- South Chicago
$1,300,000 USD
312-610-1074
8000 S Ashland Ave, Chicago, IL for Sale
$1,300,000 USD
Apartments - FOR SALE
1/10
null | 10.1% Cap Rate

8000 S Ashland Ave
Chicago, IL 60620
South Chicago


HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • Stabilized Asset, All Residential Units Occupied, 3/4 Commercial Units Occupied
  • Opportunity for Investor to Add Value by Increasing Currently Below Market Residential Rents
  • Well Maintained, Minimal Maintenance Needed
  • New Roof, Boiler and Water Heater as of 2020

OVERVIEW

Essex Realty Group, Inc. has been engaged to exclusively market for sale 8000 S Ashland, a 20 unit mixed-use building located in Chicago’s Auburn Gresham neighborhood.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

20

PRICE/UNIT

$65,000

CAP RATE

10.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,245 SF

ZONING

R-4, Chicago

APN/PARCEL ID

20-31-215-018-0000

ASK ABOUT THIS PROPERTY

Robert BermanEssex Realty GroupMore Info
312-610-1074

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Robert BermanEssex Realty GroupMore Info
312-610-1074

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