7505 S Calumet Ave | Chicago, IL 60619
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- LoopNet Team
7505 S Calumet Ave
Chicago, IL 60619
Chatham Apartments · Multifamily Property For Sale
·
43 Units
INVESTMENT HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Stabilized, Cash Flowing Asset with Strong History of High Occupancy and Collections
- All Commercial Spaces are Occupied by Long Term Tenants
- Mixed Use: 6 Commercial Units and 37 Apartment Units
- Ownership has Done the Heavy Lifting; No Major Work Required Beyond Continuing to Manage the Property
- Opportunity for Investor to Add Value by Increasing Currently Below Market Residential Rents
PROPERTY FACTS
| No. Units | 43 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 30,510 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1926 |
| Zoning | B1-1 - Neighborhood Shopping District | ||
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 30,510 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built | 1926 |
| Zoning | B1-1 - Neighborhood Shopping District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Walk-In Closets
- Window Coverings
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 43 | - | 600 - 625 |
PROPERTY TAXES
| Parcel Number | 20-27-305-001-0000 | Improvements Assessment | $191,069 |
| Land Assessment | $11,767 | Total Assessment | $202,836 |
PROPERTY TAXES
Parcel Number
20-27-305-001-0000
Land Assessment
$11,767
Improvements Assessment
$191,069
Total Assessment
$202,836
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