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7846 S South Shore Dr
Chicago, IL 60649
Cheltenham Place · Multifamily Property For Sale · 60 Units

Investment Highlights

  • Fully Renovated
  • Unit Mix: (2) Studios & (58) 1 Bed 1 Bath with four types of floor plans
  • Gated parking lot for up to 34 vehicles
  • Approximately $2,500,000 in Capital Improvements
  • Over 90% occupied

Property Facts

No. Units 60
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.63 AC
Building Size 39,652 SF
Average Occupancy 33%
No. Stories 5
Year Built/Renovated 1951/2022
Parking Ratio 0.81/1,000 SF
Zoning RM-5

Amenities

  • Smoke Detector

Unit Amenities

  • Cable Ready
  • Heating
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Double Pane Windows

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 500
1+1 58 - 600

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 21-30-417-052-1031
  • 21-30-417-026-0000
Land Assessment
$21,944
Improvements Assessment
$331,000
Total Assessment
$352,944
  • Listing ID: 31248364

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 7846 S South Shore Dr, Chicago, IL 60649

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