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8035 S Evans Ave 12 Unit Apartment Building $550,862 CAD ($45,905 CAD/Unit) Chicago, IL 60619
Executive Summary
A 12-unit apartment building ideally suited for value-add investors seeking to create sweat equity through strategic repositioning. Six of the 12 units suffer from extensive fire damage. The property is well located in Chatham, benefiting from strong transit connectivity, durable neighborhood demand, and favorable Chicago multifamily fundamentals driven by a limited new supply pipeline. This is the type of asset where clean execution renovation efforts can translate directly into NOI growth, creating long-term stability for investors focused on both cash flow and appreciation.
Property Facts
| Price | $550,862 CAD | Building Class | C |
| Price Per Unit | $45,905 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 10,400 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RT-4 | ||
| Price | $550,862 CAD |
| Price Per Unit | $45,905 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 10,400 SF |
| No. Stories | 3 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Vintage Building
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 577 |
1 1
Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 20-34-215-009-0000 | Improvements Assessment | $87,641 CAD |
| Land Assessment | $15,874 CAD | Total Assessment | $103,515 CAD |
Property Taxes
Parcel Number
20-34-215-009-0000
Land Assessment
$15,874 CAD
Improvements Assessment
$87,641 CAD
Total Assessment
$103,515 CAD
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8035 S Evans Ave
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