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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 | $92,784 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 | $92,784 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 | $82,633 CAD |
| Land Assessment | $9,587 CAD | Total Assessment | $92,221 CAD |
Property Taxes
Parcel Number
20-35-101-013-0000
Land Assessment
$9,587 CAD
Improvements Assessment
$82,633 CAD
Total Assessment
$92,221 CAD
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