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Investment Highlights
- Desirable Unit Mix: 1, 2, & 3 BD Layouts
- Spacious Unit Layouts/Large Floorplans
- Double Digit CAP Rate Returns
- Updated Units with Granite Countertops, New Kitchen Cabinetry
- Top of the Market In-Place Subsidy Rents
- Garage Located in Rear of Property
Executive Summary
Interra Realty LLC has been exclusively engaged to present for sale 947-949 E. 84th St. The subject property is a seven unit apartment building
located in the Chatham neighborhood of Chicago's South Side. The property is a center entrance walk up building consisting of (3) 3BD/1 BA
units, (3) 2 BD/1 BA & (1) 1 BD/1 BA garden unit.
All units in the property have undergone cosmetic rehab including updated kitchens and baths along with hardwood flooring. Apartments feature
stainless steel appliances granite countertops, and new cabinetry. The floor plans feature spacious layouts.
A new investor has an opportunity to acquire a stabilized, professionally managed property with top of the market in place rents and the ability to
achieve market leading returns.
located in the Chatham neighborhood of Chicago's South Side. The property is a center entrance walk up building consisting of (3) 3BD/1 BA
units, (3) 2 BD/1 BA & (1) 1 BD/1 BA garden unit.
All units in the property have undergone cosmetic rehab including updated kitchens and baths along with hardwood flooring. Apartments feature
stainless steel appliances granite countertops, and new cabinetry. The floor plans feature spacious layouts.
A new investor has an opportunity to acquire a stabilized, professionally managed property with top of the market in place rents and the ability to
achieve market leading returns.
Property Facts
| Price | $600,000 | Building Class | C |
| Price Per Unit | $33,333 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 7,788 SF |
| No. Units | 18 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Parking Ratio | 0.51/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RS-3 - Apartment Building With 2 To 6 Units | ||
| Price | $600,000 |
| Price Per Unit | $33,333 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 7,788 SF |
| No. Stories | 3 |
| Year Built | 1929 |
| Parking Ratio | 0.51/1,000 SF |
| Zoning | RS-3 - Apartment Building With 2 To 6 Units |
Amenities
Unit Amenities
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
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Fairly walkable
50/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 20-35-307-005-0000 | Improvements Assessment | $23,597 |
| Land Assessment | $4,409 | Total Assessment | $28,006 |
Property Taxes
Parcel Number
20-35-307-005-0000
Land Assessment
$4,409
Improvements Assessment
$23,597
Total Assessment
$28,006
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Map
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Contact the Sale Advisor
949 E 84th St



