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6711 S Paxton Ave - Gut Rehabbed 3-Unit in South Shore 3 Unit Apartment Building Offered at $1,366,103 CAD at a 6.81% Cap Rate Chicago, IL 60649
EXECUTIVE SUMMARY
Recently Gut Rehabbed Jumbo three flat, just steps off Jackson Park golf course, harbor, and lakefront. Over 6000 square feet, with three 2,000+ sq ft. gut-renovated apartments, each with 4 Bedrooms and 2 Baths. First floor unit vacant for any owner occupants, middle and top rented. Three exceptional shaker kitchens with waterfall quartz countertops. Six luxury baths with designer finishes. Twelve total spacious bedrooms. In unit laundry, all new electrical, plumbing, high efficiency heating and cooling, windows, porch, roof, and more. Huge, tall basement for additional space. Enjoy lovely Jackson Park and the lakefront, and benefit from all the exciting improvements to come!
PROPERTY FACTS
| Price | $1,366,103 CAD | Property Type | Multifamily |
| Price Per Unit | $455,368 CAD | Building Size | 6,000 SF |
| Sale Type | Investment | Average Occupancy | 67% |
| Cap Rate | 6.81% | No. Stories | 4 |
| No. Units | 3 | Year Built/Renovated | 1910/2022 |
| Price | $1,366,103 CAD |
| Price Per Unit | $455,368 CAD |
| Sale Type | Investment |
| Cap Rate | 6.81% |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 6,000 SF |
| Average Occupancy | 67% |
| No. Stories | 4 |
| Year Built/Renovated | 1910/2022 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 3 | $3,350 CAD | 200 |
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Bike Score®
Very Bikeable (75)
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6711 S Paxton Ave - Gut Rehabbed 3-Unit in South Shore
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