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7842-7848 S Luella Ave
Chicago, IL 60649
Multifamily Property For Sale
·
14 Units
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 17,500 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1925/2015 |
| Building Class | C | ||
| Zoning | R-4, Chicago | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 17,500 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2015 |
| Zoning | R-4, Chicago |
AMENITIES
UNIT AMENITIES
- Basement
ABOUT 7842-7848 S LUELLA AVE , CHICAGO, IL 60649
The asset is a mixed-use building built in 1925 and renovated in 2015. Consisting of 12 one-bedroom/one-bathroom, two two-bedroom/one-bathroom, and five stores. The property is currently fully occupied and is excellent condition and individually metered for gas, heat, and electric. A turnkey investment with above average returns from day one. 12.01 Cap rate and 28% Cash on Cash return Marcus & Millichap is pleased to present 7843 South Luella Avenue, in the South Shore neighborhood of Chicago, Illinois. The subject property is located north of the Chicago Skyway (Interstate 90) and is approximately 10 miles from some of Chicago' s major attractions including Soldier Field, McCormick Place, Field Museum, and Shedd Aquarium.
PROPERTY TAXES
| Parcel Number | 20-25-420-066-0000 | Improvements Assessment | $147,500 |
| Land Assessment | $8,100 | Total Assessment | $155,600 |
PROPERTY TAXES
