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Jackson Park Portfolio 6 Multifamily Properties Offered at $24,000,000 in Chicago, IL
Investment Highlights
- Eight (8) Building Portfolio - Prime Jackson Park Locations
- Meticulously Maintained Buildings – Updated Plumbing, Mechanics, Windows, Roofs, etc.
- Strong Historical Occupancy (95%+) and Minimal Turnover
- Rare Opportunity and First Time on the Market in 20+ Years
- Modern Kitchens & Baths w/ Hardwood Flooring Throughout
Executive Summary
A premier portfolio of eight well-maintained, courtyard-style apartment buildings in the heart of Chicago's South Shore neighborhood. This offering presents a rare opportunity to acquire a stabilized, cash-flowing multifamily portfolio in a desirable and historically strong rental market.
Property Facts
| Price | $24,000,000 | Number of Properties | 8 |
| Price / SF | $96.84 / SF | Individually For Sale | 0 |
| Cap Rate | 9% | Total Building Size | 247,839 SF |
| Sale Type | Investment | Total Land Area | 2.49 AC |
| Status | Active |
| Price | $24,000,000 |
| Price / SF | $96.84 / SF |
| Cap Rate | 9% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 247,839 SF |
| Total Land Area | 2.49 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Astoria Apartments
6901-6925 S Crandon Ave, Chicago, IL 60649 |
Multifamily | 73,236 SF | 1954 | - |
| 1718-1732 E 70th St, Chicago, IL 60649 | Multifamily | 46,288 SF | 1924 | - |
| 6930-6942 S Crandon Ave, Chicago, IL 60649 | Multifamily | 42,072 SF | 1923 | - |
| 7041-7074 S Constance Ave, Chicago, IL 60649 | Multifamily | 30,548 SF | 1924 | - |
| 6849-6875 S Crandon Ave, Chicago, IL 60649 | Multifamily | 29,000 SF | 1923 | - |
| 2315-2329 E 70th St, Chicago, IL 60649 | Multifamily | 26,695 SF | 1923 | - |
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Jackson Park Portfolio
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