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8956 S Escanaba Ave
Chicago, IL 60617
Multifamily Property For Sale
·
11 Units
Property Facts
| No. Units | 11 | Building Size | 3,552 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2018 |
| Building Class | C | Parking Ratio | 2.82/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,552 SF |
| Average Occupancy | 91% |
| No. Stories | 3 |
| Year Built/Renovated | 1964/2018 |
| Parking Ratio | 2.82/1,000 SF |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
About 8956 S ESCANABA AVE , CHICAGO, IL 60617
The asset presents an opportunity for an investor who is looking for a stabilized asset consisting of (6) 2 Bedrooms 1 Bath & (5) 1 Bedroom 1 Bath. This mid-1960's building comes fully rehabbed within the last year. There is upside potential with increasing rents and additional untapped income available through parking and adding washer and dryers. Each unit has separate electric. The exterior was tuckpointed and lentils were replaced approximately two years ago. The roof was silver coated within the last year. The property is fully equipped with an HD security system. The building is walking distance to the South Shore train line and the stop is 87th.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $800.00 | - |
| 1+1 | 5 | $600.00 | - |
Property Taxes
| Parcel Number | 26-06-214-046-0000 | Improvements Assessment | $46,644 |
| Land Assessment | $9,556 | Total Assessment | $56,200 |
Property Taxes
Parcel Number
26-06-214-046-0000
Land Assessment
$9,556
Improvements Assessment
$46,644
Total Assessment
$56,200
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