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7003 S Oglesby 7003 S Oglesby Ave 20 Unit Apartment Building $2,800,000 ($140,000/Unit) Chicago, IL 60649
INVESTMENT HIGHLIGHTS
- Access & Connectivity
- Value-Add Potential
- Quality of Life Amenities
- Area Amenities & Demand Drivers
- Strong Rental Demographics & Demand
EXECUTIVE SUMMARY
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 7003 S Oglesby Avenue in Chicago, IL (the “Property”). The four-story building contains twenty (20) 2-Bedroom/1-Bathroom units with 20,000 square feet of gross living area and 22,750 square feet of gross area. The Property is situated upon a 0.22-acre parcel and offers street parking. The Property is well-positioned within Chicago’s South Shore neighborhood, offering strong visibility and convenient access to surrounding residential and commercial areas. The property benefits from proximity to Lake Shore Drive and I-90/94, ensuring efficient connectivity to downtown Chicago, Hyde Park, and the broader metropolitan area. Public transportation options, including nearby CTA bus routes and Metra service, further enhance accessibility for residents and visitors. In addition, the property is surrounded by a wide range of neighborhood amenities such as retail, dining, parks, and lakefront recreation, supporting both livability and long term tenant appeal.
PROPERTY FACTS
| Price | $2,800,000 | Building Class | C |
| Price Per Unit | $140,000 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 21,102 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Mid-Rise |
| Price | $2,800,000 |
| Price Per Unit | $140,000 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 21,102 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1925 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Detector
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Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 20-24-427-001-0000 | Improvements Assessment | $95,420 |
| Land Assessment | $14,880 | Total Assessment | $110,300 |
PROPERTY TAXES
Parcel Number
20-24-427-001-0000
Land Assessment
$14,880
Improvements Assessment
$95,420
Total Assessment
$110,300
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7003 S Oglesby | 7003 S Oglesby Ave
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