= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

Browse More Listings in Multifamily For Sale, Chicago, IL or Illinois

Multifamily Property For Sale

Chicago 6 Flat

7922 South Rhodes, Chicago, IL 60619

Price:
$399,500
No. Units:
6
Building Size:
7,026 SF
Price/Unit:
$66,583.33
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
8.18%
Find Out More...

Last Verified 10/26/2009 Listing ID 16439645

Description

This Chatham 6 Unit has 3-2Br and 3-1Br large updated apartments with formal Dining Room, in unit storage, on site laundry and 3 car garage. Newer windows, new boiler, new hot water heater with pump and fresh tuckpointing. No deferred maintenance, good rental income, stable tenants, low maintenance, and pride of ownership on the block. Ready to Show (48 hour notice) and priced right to sell.

Prime Chatham location, 15 minutes from downtown Chicago and one block from public transportation. Minutes from major retail and banking. Easy access from major expressway and Lakeshore Drive.

Financial Summary

Actual
Year
2008
Scheduled Gross Income
$58,692
Effective Gross Income
$55,757
Operating Expenses
$23,067
Net Operating Income
$32,679

Map of 7922 South Rhodes, Chicago, IL 60619 (Cook County)

Hide Map

Contact Listing Broker to find out more details.

Presented by

Lynhurst Properties

Request additional information

Contact Listing Broker

Alesia Graves (847) 254-3102

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 10/20/2009

Additional Information for 7914 S Rhodes Avenue, Chicago, IL 60619

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 7922 South Rhodes, Chicago, IL 60619

Nearby Multifamily properties for saleSearch all commercial real estate for sale

Ellis Apartments
$275,000
6 Units
Chicago 15 Unit
$695,000
15 Units
8101 S Ingleside Blvd
$3,710,000
70 Units
8040 South Ingleside
$499,900
8 Units
8201-13 S Maryland
$450,000
19 Units

Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

Garden/Low-Rise
Sold 1Q 2007
Garden/Low-Rise
Sold 3Q 2006
Garden/Low-Rise
Sold 1Q 2006
Garden/Low-Rise
Sold 2Q 2006
Garden/Low-Rise
Sold 2Q 2005

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Embed this Listing on Your Website

Multifamily Property For Sale - Chicago 6 Flat

7922 South Rhodes, Chicago, IL, 60619