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Jeffery Parkway Apartments 6731 S Jeffery Blvd 55 Unit Apartment Building $3,675,000 ($66,818/Unit) 10.15% Cap Rate Chicago, IL 60649



Investment Highlights
- [52] Studios | [1] 1BD/1BA | [2] 2BD/1BA
- Renovated Units with Modern Kitchens and Baths
- Part of the AHSAP Program - Significant Tax Reduction
- $66K/Unit
- On-Site Laundry
- Central Boiler Building
Executive Summary
Property Facts
| Price | $3,675,000 | Building Class | B |
| Price Per Unit | $66,818 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 37,677 SF |
| Cap Rate | 10.15% | Average Occupancy | 95% |
| No. Units | 55 | No. Stories | 7 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | RM5, Chicago | ||
| Price | $3,675,000 |
| Price Per Unit | $66,818 |
| Sale Type | Investment |
| Cap Rate | 10.15% |
| No. Units | 55 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 37,677 SF |
| Average Occupancy | 95% |
| No. Stories | 7 |
| Year Built | 1928 |
| Opportunity Zone |
Yes |
| Zoning | RM5, Chicago |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Carpet
- Wi-Fi
- Built-In Bookshelves
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Elevator
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 52 | - | 400 |
| 1+1 | 1 | - | 800 |
| 2+1 | 2 | - | 950 |
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Property Taxes
| Parcel Number | 20-24-400-006-0000 | Improvements Assessment | $180,812 |
| Land Assessment | $8,789 | Total Assessment | $189,601 |
Property Taxes
Contact the Sale Advisor
Jeffery Parkway Apartments | 6731 S Jeffery Blvd
