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7544 S Saginaw Ave
Chicago, IL 60649
Multifamily Property For Sale
·
11 Units
Investment Highlights
- South Shore neighborhood location
- Stable in-place income
- Long-term ownership appeal
- 11-unit multifamily property
- Opportunity for rent growth
Executive Summary
7544 S Saginaw is an 11-unit multifamily building positioned between Jeffery Boulevard and Stony Island Avenue on a quieter residential street. The property features a unit mix of seven one bedroom units and four two-bedroom units, supporting a balanced tenant base while maintaining convenient access to nearby commercial corridors and public transportation.
The building is well suited for investors seeking steady performance with the opportunity for measured rent growth over time. With a stable tenant profile and a location that benefits from surrounding neighborhood activity, 7544 S Saginaw represents a balanced multifamily investment with long-term ownership appeal.
The building is well suited for investors seeking steady performance with the opportunity for measured rent growth over time. With a stable tenant profile and a location that benefits from surrounding neighborhood activity, 7544 S Saginaw represents a balanced multifamily investment with long-term ownership appeal.
Property Facts
| Price Per Unit | $110,888 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.61% | Building Size | 8,450 SF |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| Price Per Unit | $110,888 CAD |
| Sale Type | Investment |
| Cap Rate | 7.61% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 8,450 SF |
| No. Stories | 3 |
| Year Built | 1966 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
Amenities
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 600 - 650 |
| 2+1 | 4 | - | 750 |
Property Taxes
| Parcel Number | 21-30-304-019-0000 | Improvements Assessment | $104,986 CAD |
| Land Assessment | $14,147 CAD | Total Assessment | $119,132 CAD |
Property Taxes
Parcel Number
21-30-304-019-0000
Land Assessment
$14,147 CAD
Improvements Assessment
$104,986 CAD
Total Assessment
$119,132 CAD
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