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7601-7605 S Peoria St 12 Unit Apartment Building $975,000 ($81,250/Unit) Chicago, IL 60620
Investment Highlights
- Approx. 8/12 Units Renovated With Modern Finishes
- New Porches/New Back Gate
- Ability to Raise Rents to Market Levels Upon Tenant Turnover
- Individual Furnaces in Every Unit/Individual Water Tanks Located in Basement
- Updated Lintels Throughout
Executive Summary
Available for sale individually and as portfolio: Highly Desirable Unit Mix: (10) 2 BDS & (2) 3 BDS
Property Facts
| Price | $975,000 | Building Class | C |
| Price Per Unit | $81,250 | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 11,558 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1918 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-3, Chicago | ||
| Price | $975,000 |
| Price Per Unit | $81,250 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 11,558 SF |
| No. Stories | 2 |
| Year Built | 1918 |
| Opportunity Zone |
Yes |
| Zoning | R-3, Chicago |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | - | - |
| 3+1 | 2 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 20-29-414-002-0000 | Improvements Assessment | $13,125 |
| Land Assessment | $1,875 | Total Assessment | $15,000 |
Property Taxes
Parcel Number
20-29-414-002-0000
Land Assessment
$1,875
Improvements Assessment
$13,125
Total Assessment
$15,000
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7601-7605 S Peoria St
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