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7251-7261 S Phillips Ave
Chicago, IL 60649
36 Units | 10.29% Cap Rate · Multifamily Property For Sale
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36 Units
Investment Highlights
- Strong Historical Occupancy
- Recently Renovated w/ New Kitchens & Baths
- Prime South Shore Location
- Six (6) 1Bd/1Ba, Twelve (12) 2Bd/1Ba, & Eighteen (18) Studios
Property Facts
| No. Units | 36 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 30,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built | 1922 |
| Zoning | RT-4 - Residential | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.36 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1922 |
| Zoning | RT-4 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | - | 600 |
| 1+1 | 6 | - | 712 |
| 2+1 | 12 | - | 981 |
Property Taxes
| Parcel Number | 21-30-105-005-0000 | Improvements Assessment | $236,571 |
| Land Assessment | $19,429 | Total Assessment | $256,000 |
Property Taxes
Parcel Number
21-30-105-005-0000
Land Assessment
$19,429
Improvements Assessment
$236,571
Total Assessment
$256,000
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