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7957-7959 S Ellis Ave
Chicago, IL 60619
Multifamily Property For Sale
·
15 Units
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Good Mix of One, Two, and Three Bedroom Units
- Opportunity for Investor to Add Value by Increasing Currently Below Market Rents
- 59K/Unit
- Stabilized, Cash-Flowing Asset; Investor Can Achieve 9.3% Cap Returns on Day 1
- Within 3 Blocks of 79th St Metra Station
Property Facts
| No. Units | 15 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 15,369 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | R-3 | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 15,369 SF |
| No. Stories | 3 |
| Year Built | 1925 |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
| 2+1 | 3 | - | - |
| 3+2 | 3 | - | - |
Property Taxes
| Parcel Number | 20-35-104-015-0000 | Improvements Assessment | $91,653 |
| Land Assessment | $12,047 | Total Assessment | $103,700 |
Property Taxes
Parcel Number
20-35-104-015-0000
Land Assessment
$12,047
Improvements Assessment
$91,653
Total Assessment
$103,700
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