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7409-7415 S Chappel 2 Multifamily Properties Offered at $1,050,000 in Chicago, IL
Investment Highlights
- Close Proximity to the South Shore Metra Electric Line Stop
- Cash Flowing Day One: Incoming Investor Set to Achieve an 11.4% Cap Rate Immediately Upon Acquisition
- Strong Average Rents: [1BD] $1,392 Avg. & [2BD] $1,547 Avg.
- [6] Total Units with Central Heating & [6] Total Units with Individual Furnaces
Executive Summary
Professional Offering Memorandum Available Upon Request.
Property Facts
| Price | $1,050,000 | Number of Properties | 2 |
| Price / SF | $85.60 / SF | Individually For Sale | 0 |
| Cap Rate | 11.90% | Total Building Size | 12,267 SF |
| Sale Type | Investment | Total Land Area | 0.21 AC |
| Status | Active |
| Price | $1,050,000 |
| Price / SF | $85.60 / SF |
| Cap Rate | 11.90% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,267 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7415 S Chappel Ave, Chicago, IL 60649 | Multifamily | 6,162 SF | 1924 | - |
| 7409 S Chappel Ave, Chicago, IL 60649 | Multifamily | 6,105 SF | 1922 | - |
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7409-7415 S Chappel
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