Log In/Sign Up
Your email has been sent.
417-423 E 76th St 8 Unit Apartment Building $726,652 CAD ($90,832 CAD/Unit) Chicago, IL 60619
Investment Highlights
- Desirable Unit Mix: 1 & 2 Bedroom layouts
- Newer Porches, Recent Masonry
- Value add component through continued renovation and modernization of units; Potential addition of bedrooms
- Attractive Price Per Unit Entry Point
Executive Summary
Interra Realty is pleased to present for sale the property located at 423 E. 76th St. The subject investment property is an 8-unit, walk-up style, multifamily asset in the historic Grand Crossing neighborhood.
The property offers an attractive unit mix of one and two-bedroom apartments. The property features newer porches, recently completed tuckpointing and several units which have recently received cosmetic upgrades to kitchens, bathrooms and flooring.
The opportunity presents a buyer with the option to continue the renovation in order to achieve higher rental rates in line with other updated units at the property and within the submarket. A new investor has the opportunity to acquire a fully occupied, recently improved property with further upside remaining in the rent roll.
The property offers an attractive unit mix of one and two-bedroom apartments. The property features newer porches, recently completed tuckpointing and several units which have recently received cosmetic upgrades to kitchens, bathrooms and flooring.
The opportunity presents a buyer with the option to continue the renovation in order to achieve higher rental rates in line with other updated units at the property and within the submarket. A new investor has the opportunity to acquire a fully occupied, recently improved property with further upside remaining in the rent roll.
Property Facts
| Price | $726,652 CAD | Building Class | C |
| Price Per Unit | $90,832 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 11,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1914 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RS-2 - Residential | ||
| Price | $726,652 CAD |
| Price Per Unit | $90,832 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 11,000 SF |
| No. Stories | 2 |
| Year Built | 1914 |
| Opportunity Zone |
Yes |
| Zoning | RS-2 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 3 | - | - |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 20-27-408-019-0000 | Improvements Assessment | $57,487 CAD |
| Land Assessment | $10,686 CAD | Total Assessment | $68,173 CAD |
Property Taxes
Parcel Number
20-27-408-019-0000
Land Assessment
$10,686 CAD
Improvements Assessment
$57,487 CAD
Total Assessment
$68,173 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
417-423 E 76th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.