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7810 S Escanaba
Chicago, IL 60649
South Shore 12 Unit Multifamily · Multifamily Property For Sale
·
12 Units
Executive Summary
7810 S Escanaba Avenue is a 12-unit multifamily property generating steady income. Constructed of brick, the building includes a mix of four one-bedroom units and eight two-bedroom units, offering flexibility across the tenant base. Proximity to public transportation and the lakefront further supports consistent day-to-day occupancy.
The property is supported by established South Shore fundamentals, including stable residential demand and a long-standing multifamily housing base. These conditions make the asset well suited for investors seeking dependable cash flow from a stabilized building in a market that continues to support rental housing.
The property is supported by established South Shore fundamentals, including stable residential demand and a long-standing multifamily housing base. These conditions make the asset well suited for investors seeking dependable cash flow from a stabilized building in a market that continues to support rental housing.
Property Facts
| Price Per Unit | $70,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 7.63% | Building Size | 12,000 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| Price Per Unit | $70,833 |
| Sale Type | Investment |
| Cap Rate | 7.63% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 12,000 SF |
| No. Stories | 3 |
| Year Built | 1962 |
| Parking Ratio | 0.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
Property Taxes
| Parcel Number | 21-30-408-041-0000 | Improvements Assessment | $55,843 |
| Land Assessment | $13,458 | Total Assessment | $69,301 |
Property Taxes
Parcel Number
21-30-408-041-0000
Land Assessment
$13,458
Improvements Assessment
$55,843
Total Assessment
$69,301
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