This Multifamily Property is no longer advertised on LoopNet.com.

7656-7658 S Aberdeen St
Chicago, IL 60620
11 UNITS /// AUBURN GRESHAM · Multifamily Property For Sale · 11 Units

Property Facts

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 10,000 SF
No. Stories 2
Year Built 1922
Zoning R3, Cook

Amenities

Unit Amenities

  • Microwave

Site Amenities

  • Laundry Facilities

About 7656-7658 S ABERDEEN ST , CHICAGO, IL 60620

The property includes an 11-unit apartment building consisting of all two-bedroom units. The building is metered for owner paid hot water and submetered for tenant paid heat, cooking gas, and electric. However, the building is currently occupied by mostly subsidized tenants and the owner pays for various heat, cooking gas, and electric utilities for many of those subsidized tenants. The building received extensive rehab in recent years including new copper plumbing, electric, individual heating units, porches, windows, and all kitchens and baths throughout. This offering provides a new investor the opportunity to acquire a recently rehabbed building with an all two-bedroom unit mix and a strong subsidized rent roll which should produce high cash flow. This apartment investment is located on the northwest corner of Aberdeen Street and 77th Street in the Auburn Gresham community on the south side of Chicago, Illinois.

Property Taxes

Property Taxes

Parcel Number
20-29-409-036-0000
Land Assessment
$5,818
Improvements Assessment
$72,382
Total Assessment
$78,200
  • Listing ID: 3778624

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 7656-7658 S Aberdeen St, Chicago, IL 60620

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