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7352 S Langley Ave 6 Unit Apartment Building $399,900 ($66,650/Unit) Chicago, IL 60619
Executive Summary
RARE FIND!!! Come see this beautiful 6 Unit building ready for maximum rental income potential!! All 6 Unit have a spacious layout, one bed, one bath. All have forced air units and many other updates have been done. You can also enjoy close proximity to Washington Park and Jackson Park, along with convenient access to the lakefront and outdoor recreation. Just minutes away, you'll find University of Chicago, the Museum of Science and Industry, and the future Obama Presidential Center, these are all major drivers of economic growth and neighborhood appreciation. You'll have easy access to the CTA Green Line, CTA Red Line and I-90/94 for a smooth commute into downtown Chicago. This strong rental demand driven by nearby employment hubs and continued development, this property presents an excellent opportunity for investors seeking cash flow and long-term appreciation, while still offering a comfortable and connected lifestyle for owner-occupants. Come check out soon before it's gone
Property Facts
| Price | $399,900 | Building Class | C |
| Price Per Unit | $66,650 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 5,416 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1927 |
| Apartment Style | Low-Rise | ||
| Zoning | RS-3 | ||
| Price | $399,900 |
| Price Per Unit | $66,650 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 5,416 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1927 |
| Zoning | RS-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 20-27-221-041-0000 | Improvements Assessment | $24,102 |
| Land Assessment | $4,910 | Total Assessment | $29,012 |
Property Taxes
Parcel Number
20-27-221-041-0000
Land Assessment
$4,910
Improvements Assessment
$24,102
Total Assessment
$29,012
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7352 S Langley Ave