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7927-7949 S Essex Ave
Chicago, IL 60617
Multifamily Property For Sale
·
30 Units
Property Facts
| No. Units | 30 | Building Size | 37,950 SF |
| Property Type | Multifamily | Average Occupancy | 17% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1929 |
| Building Class | C | Parking Ratio | 0.48/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 37,950 SF |
| Average Occupancy | 17% |
| No. Stories | 3 |
| Year Built | 1929 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Office
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
About 7927-7949 S ESSEX AVE , CHICAGO, IL 60617
This property is located in a qualified Opportunity Zone and is eligible for preferential tax treatment. The desirable unit mix includes: (5) 1 bedroom, (17) 2 bedroom, and (8) 3 bedroom units. Two of the buildings include central heat while the other three are boiler heated. The property is approximately 70% vacant but the combination of the unit mix and size of the units leaves a lot of opportunity for value to be captured. Each building includes a garage that is accessed by the alley behind the buildings. The properties are zoned RT-4 and are situated on a total of 31,620 square feet of land.
Property Taxes
| Parcel Number | 21-31-102-007-0000 | Improvements Assessment | $46,125 |
| Land Assessment | $6,975 | Total Assessment | $53,100 |
Property Taxes
Parcel Number
21-31-102-007-0000
Land Assessment
$6,975
Improvements Assessment
$46,125
Total Assessment
$53,100
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