3331-3351 S Commercial Ave
South Chicago Heights, IL 60411
Eagle Ridge Apartments · Multifamily Property For Sale
·
47 Units
Property Facts
| No. Units | 47 | Lot Size | 2.14 AC |
| Property Type | Multifamily | Building Size | 18,515 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.62/1,000 SF |
| Zoning | R-4, S Chicago Hts | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.14 AC |
| Building Size | 18,515 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | R-4, S Chicago Hts |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- Laundry Facilities
- Picnic Area
About 3331-3351 S COMMERCIAL AVE , SOUTH CHICAGO HEIGHTS, IL 60411
Marcus & Millichap is pleased to present Eagle Ridge Apartments, a 47-unit apartment property located at 3331-3351 Commercial Avenue in South Chicago Heights, Illinois. South Chicago Heights is a village in Cook County, located approximately 32 miles south of the downtown Chicago Loop, with convenient access to Interstate 57. Public transportation is located on Chicago Road, just one block west of the building, with PACE bus stops lining the street. For domestic and international travel purposes, Midway International Airport is approximately 25 miles northwest of the asset. The property is composed of two buildings, with 23 studio units and 24 one-bedroom / one-bathroom units measuring 325 and 460 square feet, respectively. The property features ample off-street parking and an on-site laundry facility in each building. The property is positioned one block east of Chicago Road, a major north-south thoroughfare that features numerous retail and dining options, including a Jewel-Osco, Walgreens, and a Dunkin' Donuts, among others. This investment offers an investor the opportunity to acquire a well-maintained asset in a highly visible South Chicago Heights location.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 23 | $582.50 | 325 |
| 1+1 | 24 | $695.00 | 460 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $272,841 | |
| Land Assessment | $32,620 | Total Assessment | $305,461 |
Property Taxes
