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- LoopNet Team
6949-6959 S Merrill Ave
Chicago, IL 60649
Jackson Park Highlands 31-Unit Multifamily · Multifamily Property For Sale
·
31 Units
Investment Highlights
- Prime Jackson Park Highlands Location
- Desirable Unit Mix: [17] 2 Bedroom Units
- Newer Boiler & Hot Water Tanks
- Proximity to Public Transportation
Property Facts
| No. Units | 31 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 26,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1922 |
| Building Class | C | ||
| Zoning | RM-5 | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 26,000 SF |
| No. Stories | 4 |
| Year Built | 1922 |
| Zoning | RM-5 |
About 6949-6959 S MERRILL AVE , CHICAGO, IL 60649
SVN is pleased to present a 31-unit multifamily building in Chicago's south side neighborhood of Jackson Park Highlands. The unit mix of the property consists of [5] studio, [9] 1 bedroom and [17] 2 bedroom units. Recent improvements to the building include newer vinyl windows, an updated boiler, and new hot water tanks in 2017. The property, built in 1922, is zoned RM-5 and situated on a 15,053 sq. ft. parcel of land. Jackson Park Highlands is a historic district within the South Shore community and is located approximately 10 miles to the south of Chicago’s CBD, and just south of Hyde Park. Built in 1905 by various architects, the neighborhood contains predominately large single family homes and borders the Jackson Park Golf Course.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 500 |
| 1+1 | 9 | - | 600 |
| 2+1 | 16 | - | 863 |
Property Taxes
| Parcel Number | 20-24-417-014-0000 | Improvements Assessment | $212,668 |
| Land Assessment | $23,332 | Total Assessment | $236,000 |
Property Taxes
