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7250 S Emerald Ave 30 Unit Apartment Building $1,401,460 CAD ($46,715 CAD/Unit) Chicago, IL 60621
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Favorable Mix of [2] 1BD/1BA, [18] 2BD/1BA, [7] 3BD/2BA, [3] 4BD/2BA Duplex Units
- Close Proximity to National Retailers
- Rare Opportunity to Acquire a Fully Vacant Building in Need of a Gut Rehab
- 33k/Unit
Executive Summary
Nara Realty Advisors is pleased to exclusively market for sale 7250 S Emerald Ave, a 30-unit apartment building located in Chicago's Englewood neighborhood. This property presents the rare opportunity to acquire a fully vacant building in need of a gut renovation.
Property Facts
| Price | $1,401,460 CAD | Building Class | F |
| Price Per Unit | $46,715 CAD | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 21,600 SF |
| No. Units | 30 | Average Occupancy | 82% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1924 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-3 - Residential | ||
| Price | $1,401,460 CAD |
| Price Per Unit | $46,715 CAD |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | F |
| Lot Size | 0.35 AC |
| Building Size | 21,600 SF |
| Average Occupancy | 82% |
| No. Stories | 3 |
| Year Built | 1924 |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 18 | - | - |
| 3+1 | 7 | - | - |
| 4+2 | 3 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 20-28-108-037-0000 | Improvements Assessment | $1,962,493 CAD |
| Land Assessment | $193,352 CAD | Total Assessment | $2,155,845 CAD |
Property Taxes
Parcel Number
20-28-108-037-0000
Land Assessment
$193,352 CAD
Improvements Assessment
$1,962,493 CAD
Total Assessment
$2,155,845 CAD
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7250 S Emerald Ave
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