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7800 S Exchange Ave
Chicago, IL 60649
Multifamily Property For Sale
·
6 Units
Investment Highlights
- South Chicago neighborhood location
- Two blocks from lakefront
- Transit-accessible location
- 6-unit multifamily building
- Near 79th Street retail corridor
- Consistent occupancy history
Executive Summary
7800 S Exchange Avenue comprises six residential units evenly split between one-bedroom and two-bedroom layouts, offering a balanced unit mix. The property is situated two blocks from the lakefront and near the 79th Street retail corridor, providing access to transit and neighborhood services while remaining set back from major commercial traffic.
The building benefits from consistent occupancy supported by its proximity to transportation, retail, and lakefront amenities. Its location within a well-established South Chicago submarket positions the asset as a reliable income-producing property with stable day-to-day performance.
The building benefits from consistent occupancy supported by its proximity to transportation, retail, and lakefront amenities. Its location within a well-established South Chicago submarket positions the asset as a reliable income-producing property with stable day-to-day performance.
Property Facts
| Price Per Unit | $87,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.87% | Building Size | 5,652 SF |
| No. Units | 6 | Average Occupancy | 33% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1961 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RT-4 | ||
| Price Per Unit | $87,500 |
| Sale Type | Investment |
| Cap Rate | 7.87% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,652 SF |
| Average Occupancy | 33% |
| No. Stories | 3 |
| Year Built | 1961 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 21-30-408-014-0000 | Improvements Assessment | $22,040 |
| Land Assessment | $3,560 | Total Assessment | $25,600 |
Property Taxes
Parcel Number
21-30-408-014-0000
Land Assessment
$3,560
Improvements Assessment
$22,040
Total Assessment
$25,600
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