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8743-8747 S Beverly Ave 12 Unit Apartment Building $730,000 ($60,833/Unit) Chicago, IL 60620
EXECUTIVE SUMMARY
CRER is pleased to present 12-unit multifamily building located in the south side Chicago neighborhood of Auburn Gresham. The property includes a unit mix of (5) two bedroom, (3) one bedroom, and (4) studio units. There is a laundry room and 12 exterior parking spaces on-site. The building is currently 42% occupied and primed for an investor looking to add value. Each of the vacant units will need to be renovated including updates to the kitchens and baths. The mechanicals (heating, electric, plumbing) are older but in working condition.
PROPERTY FACTS
| Price | $730,000 | Apartment Style | Low-Rise |
| Price Per Unit | $60,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Sale Condition | Distress Sale | Building Size | 9,700 SF |
| No. Units | 12 | Average Occupancy | 42% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1964 |
| Zoning | RT-4 | ||
| Price | $730,000 |
| Price Per Unit | $60,833 |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 9,700 SF |
| Average Occupancy | 42% |
| No. Stories | 3 |
| Year Built | 1964 |
| Zoning | RT-4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 5 | - | - |
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PROPERTY TAXES
| Parcel Number | 25-06-200-087-0000 | Improvements Assessment | $54,738 |
| Land Assessment | $9,263 | Total Assessment | $64,001 |
PROPERTY TAXES
Parcel Number
25-06-200-087-0000
Land Assessment
$9,263
Improvements Assessment
$54,738
Total Assessment
$64,001
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8743-8747 S Beverly Ave
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