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21907 Jeffrey Ave 6 Unit Apartment Building $500,000 ($83,333/Unit) Sauk Village, IL 60411
Investment Highlights
- 20-unit multifamily portfolio located across Chicago Heights and Sauk Village
- Area employers include Ford Motor Company, Franciscan Health Olympia Fields, Prairie State College, and the broader south suburban logistics and manuf
- Convenient access to I-394, I-57, and U.S. Route 30 providing connectivity throughout the greater Chicago metropolitan area
Executive Summary
21907 Jeffrey Ave. is a well-located 6-unit multifamily property situated in Sauk Village, Illinois, with convenient access to Chicago Road, I-394, and the broader south suburban employment corridor. The property benefits from proximity to regional retail centers, logistics and industrial employers, and nearby municipalities including Chicago Heights, South Holland, and Lansing.
The property features a unit mix of (1) one-bedroom / one-bathroom unit and (5) two-bedroom / one-bathroom units, providing strong appeal to the area’s workforce housing tenant base. The asset has maintained stable occupancy and offers investors attractive in-place cash flow with the opportunity to continue improving operations and interior finishes over time. Tenants are responsible for electric, and the units feature built-in wall air conditioning units for resident comfort.
Constructed as a brick multifamily property, 21907 Jeffrey Ave. offers a combination of durable construction, steady rental demand, and long-term investment potential within an established south suburban rental market.
The property features a unit mix of (1) one-bedroom / one-bathroom unit and (5) two-bedroom / one-bathroom units, providing strong appeal to the area’s workforce housing tenant base. The asset has maintained stable occupancy and offers investors attractive in-place cash flow with the opportunity to continue improving operations and interior finishes over time. Tenants are responsible for electric, and the units feature built-in wall air conditioning units for resident comfort.
Constructed as a brick multifamily property, 21907 Jeffrey Ave. offers a combination of durable construction, steady rental demand, and long-term investment potential within an established south suburban rental market.
Property Facts
| Price | $500,000 | Building Class | C |
| Price Per Unit | $83,333 | Lot Size | 0.38 AC |
| Sale Type | Investment | Building Size | 2,305 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 5.64/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $500,000 |
| Price Per Unit | $83,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 2,305 SF |
| No. Stories | 3 |
| Year Built | 1979 |
| Parking Ratio | 5.64/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 850 |
| 2+1 | 5 | - | 900 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 32-25-315-024-0000 | Improvements Assessment | $17,658 |
| Land Assessment | $5,775 | Total Assessment | $23,433 |
Property Taxes
Parcel Number
32-25-315-024-0000
Land Assessment
$5,775
Improvements Assessment
$17,658
Total Assessment
$23,433
Contacts
-
Maira Mancia -
Reid Bennett, CCIM -
Dan Short -
Cody Doran -
SVN | Chicago Commercial
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