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

Property Facts
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
| Parcel Number | 20-33-109-013-0000 | Improvements Assessment | $57,215 |
| Land Assessment | $4,785 | Total Assessment | $62,000 |
Property Taxes
Listing ID: 9884342
Date on Market: 11/6/2017
Last Updated:
Address: 701 W 80th St, Chicago, IL 60620
The Gresham Multifamily Property at 701 W 80th St, Chicago, IL 60620 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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