This Multifamily Property is no longer advertised on LoopNet.com.

6700 S Merrill Ave
Chicago, IL 60649
Multifamily Property For Sale · 50 Units

Investment Highlights

  • Immediate Scale in Rapidly Appreciating Lakefront Neighborhood
  • Desirable Unit Mix and Building Layout That Allows Tier by Tier Renovations
  • Major Renovations Needed. Sold “AS-IS”
  • AHSAP Property Tax Incentives Available with Building Renovations
  • Attractive Building Directly Across from Jackson Park Golf Course

Property Facts

No. Units 50
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.51 AC
Building Size 40,011 SF
Average Occupancy 22%
No. Stories 3
Year Built 1922
Zoning RM-5, Chicago

Amenities

Unit Amenities

  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 14 - 650
2+1 29 - 675
3+1 7 - 900

Property Taxes

Property Taxes

Parcel Number
20-24-402-010-0000
Land Assessment
$34,333
Improvements Assessment
$252,702
Total Assessment
$287,035
  • Listing ID: 34857962

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 6700 S Merrill Ave, Chicago, IL 60649

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