$1,600,000 USD
312-610-1074
8005 S Merrill Ave
Chicago, IL 60617
South Chicago
HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Opportunity For Investor to Raise Currently Below Market Rents: Significant Rental Upside
- Desirable Unit Mix of Mostly [57%] Two and Three Bedroom Units
- Meticulously Maintained and Professionally Operated By Local Owner
- 8 Garage Parking Spaces
- Close Proximity to The Obama Presidential Library and Proposed Quantum Computing Campus
FOR SALE DETAILS
PRICE
$1,600,000 USD
PRICE/SF
$123 USD /SF
# OF UNITS
21
PRICE/UNIT
$76,190
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
8005 South Merrill
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
0.4 AC
LAND SF
17,498 SF
ZONING
RS-3
APN/PARCEL ID
20-36-211-001-0000
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312-610-1074
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312-610-1074
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