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AIA /// 6 UNITS /// SOUTH SHORE 6812 S Merrill Ave 6 Unit Apartment Building $1,033,298 CAD ($172,216 CAD/Unit) 9.22% Cap Rate Chicago, IL 60649

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INVESTMENT HIGHLIGHTS

  • ALL 1600SF 3BD/2BA APARTMENTS
  • 6-CAR BRICK GARAGE
  • 1 BLOCK TO JACKSON PARK & O'KEEFFE ELEMENTARY SCHOOL
  • TENANT HEATED BUILDING
  • NEW TEAR OFF ROOF
  • 4 BLOCKS TO METRA TRAIN STATION

EXECUTIVE SUMMARY

Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject property.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299

PROPERTY FACTS

Price $1,033,298 CAD
Price Per Unit $172,216 CAD
Sale Type Investment
Cap Rate 9.22%
Gross Rent Multiplier 6.24
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Building Size 15,000 SF
No. Stories 3
Year Built 1914
Opportunity Zone Yes
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-24-409-012-0000
Land Assessment
$16,016 CAD
Improvements Assessment
$62,514 CAD
Total Assessment
$78,531 CAD
  • Listing ID: 38439598

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 6812 S Merrill Ave, Chicago, IL 60649

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