7836 South Shore Drive

7836 South Shore Drive
Chicago, Illinois, 60649

Location

South Shore

ASSET TYPE

Multi-Family

PRICE

$690,000

Property Description

This beautiful 29 Unit apartment building is located in the South Shore neighborhood of Chicago. The property is surrounded by some single family houses and many multi-family properties. The Current unit mix consists of (3) Small Studios, (3) Large Studios, (23) 1 bedroom / 3.5 rooms. The units are in very good condition.

The South Shore Community is a rapidly appreciating area situated along Chicago's southern edge of Lake Michigan. This particular property is just one block from Lake Michigan, Rainbow Park & Beach. The Cheltenham Metra Station is two blocks away and provides a quick and convenient commute to
Downtown Chicago.
 
The property offers an investor the opportunity to acquire a beautiful vintage elevator apartment building in very good condition with maintained units.
  • Bank Owned
  • 10.72% Cap / 24%+ Cash Flow EOY1
  • Very Well Maintained
  • Newer Windows
  • Hot Water Baseboard Heat

Contact Kiser Group Listing Agent