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

701 W 80th St
Chicago, IL 60620
Chicago's Freedom Building · Multifamily Property For Sale · 8 Units

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.12 AC
Building Size 5,037 SF
No. Stories 2
Year Built/Renovated 1921/2007
Parking Ratio 1.59/1,000 SF
Zoning Commercial

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Fireplace
  • Crown Molding
  • Kitchen
  • High Speed Internet Access
  • Tub/Shower
  • Grill
  • Deck
  • Dining Room
  • Double Pane Windows
  • Linen Closet
  • Pantry
  • Smoke Free

Site Amenities

  • Video Patrol
  • Vintage Building

About 701 W 80TH ST , CHICAGO, IL 60620

Located in Gentrifying area with plenty of completed projects: * New Chicago Police Dept (CPD) Precinct (2 streets away). * 1.2 Miles to Expressways, Metra Trains, Good Transit and a 76 Walk Score! * 2 Streets from the recently built US Dept Veterans Affairs CDOC and Outpatient Center. * 8 Streets away from Kennedy King's College 5 block expansion to be completed Fall 2019. * 1 Mile to Home Depot, WalMart, Lowe's, 14 screen Movieplex, Starbucks and Shopping Center. * Only 150 yards from $12 Million 5 Story new Senior's Living Center, Save-A-Lot, Pharmacy, and Bank of America. Turn-Key, Experienced Manamgent Team In Place for Buyer after rehab. The Seller buys distressed asset portfolio's, does some general improvements/updatings/re-purposings to buildings, then re-sells properties as quick turn value-add plays to apartment buyers. From LoopNet: "Current Chicago market trends data indicates an increase& of +36.2% compared to last year's prices!" Ideal for working Families and Employed US Military Veterans as up to or greater 90% Rents & Most Utilities covered by Fed Gov't via Chicago Housing Authority (CHA) "Demand for Veteran Apartment Housing in Chicago Outstrips Supply" **Call for detailed Offer Memorandum & Additional Pics now at 312-698-3077**

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 $1,255 1,100 - 1,259

Property Taxes

Property Taxes

Parcel Number
20-33-109-013-0000
Land Assessment
$4,785
Improvements Assessment
$57,215
Total Assessment
$62,000
  • Listing ID: 9884342

  • Date on Market: 11/6/2017

  • Last Updated:

  • Address: 701 W 80th St, Chicago, IL 60620

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