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7900 S Drexel Ave
Chicago, IL 60619
Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Offered over 10% Cap Rate on Current Income
- Located in Opportunity Zone nearby to major developments including $9 Billion Quantum Computing Campus
- Located in walking distance to multiple Forms of Transportation
- No deferred Maintenance on 79th Street in up and coming Chatham
- Buyers must sign NDA to review Financial Documents
EXECUTIVE SUMMARY
New Fully Remodeled and Renovated 14 Unit Mixed Use Building
PROPERTY FACTS
| Price Per Unit | $93,247 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.18 AC |
| No. Units | 14 | Building Size | 13,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1940 |
| Apartment Style | Low-Rise | Parking Ratio | 0.62/1,000 SF |
| Zoning | B3-2 | ||
| Price Per Unit | $93,247 CAD |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 13,000 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 0.62/1,000 SF |
| Zoning | B3-2 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Ceiling Fans
- Tile Floors
- Hardwood Floors
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 13 | - | - |
PROPERTY TAXES
| Parcel Number | 20-35-101-013-0000 | Improvements Assessment | $152,929 CAD |
| Land Assessment | $17,574 CAD | Total Assessment | $170,503 CAD |
PROPERTY TAXES
Parcel Number
20-35-101-013-0000
Land Assessment
$17,574 CAD
Improvements Assessment
$152,929 CAD
Total Assessment
$170,503 CAD
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