Property Listing No Longer Available for Sale

7818-20 South Shore, Chicago, IL

Multi-family for Sale - $1,129,000 - 15,500 Sq. Ft. on 0.18 acres


Property Info

CIMLS#946309
Location
  7818-20 South Shore
  Chicago IL 60649
UpdatedJuly 20th, 2017
TypeMulti-family
Price$1,129,000
Building15,500 Sq. Ft.
Land0.18 acres

Property Description

Walking distance from the park, only a few steps to the lake.

Location Description:

Walk to the park only a few steps to the lake, and building has direct access to Rainbow Beach

Highlights:

>> Price Per Unit: $47,042

>> Cap Rate: 10.95%

>> Located in Chicago's historic South Shore neighborhood

>> Varies between 0 and 2 vacancies - many long-term tenants

>> Minimal near-term maintenance

>> 18 4-room, 1-bedroom & 1-bath units

>> 6 5-room, 2-bedroom & 1-bath units

>> Walking distance of the park and just a few steps to lakefront

>> 15 parking spaces available

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Financials


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