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7359 S Lowe Ave
Chicago, IL 60621
Multifamily Property For Sale
·
15 Units
PROPERTY FACTS
| No. Units | 15 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 6,975 SF |
| Property Subtype | Apartment | Average Occupancy | 93% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1924 |
| Zoning | R3, Chicago | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 6,975 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | R3, Chicago |
AMENITIES
UNIT AMENITIES
- Heating
- Refrigerator
- Range
- Window Coverings
SITE AMENITIES
- Gas Range
- Maintenance on site
- Public Transportation
ABOUT 7359 S LOWE AVE , CHICAGO, IL 60621
Urban Villas Real Estate is pleased to present 7359 South Lowe Avenue in Chicago's Englewood community. This 15-unit building has an excellent cap rate of 13.5 percent and a 95% occupancy rate. Each unit has individual heating which is paid for by each tenant lowering expenses significantly and adds to the attractiveness of this property. Kitchens and bathrooms are updated. Other updates include a silver roof, tuckpointing, and newer windows. The building consists of twelve studio units and three one bedroom plus den units. The building is near Hamilton Park, multiple bus lines and the Red Line train.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | 500 |
| 2+1 | 3 | - | 800 |
PROPERTY TAXES
| Parcel Number | 20-28-116-013-0000 | Improvements Assessment | $67,540 |
| Land Assessment | $3,860 | Total Assessment | $71,400 |
PROPERTY TAXES
