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Investment Highlights
- 95% 2 Bedrooms+
- 100% Vacant
- Updated Electric/Plumbing
- Central Boiler Heat
Executive Summary
CRER is pleased to present a 41-unit multifamily portfolio located in the south side Chicago neighborhood of South Shore. The two properties, located side by side, include a desirable unit mix of (1) four-bedroom two-bath, (12) three-bedroom two-bath, (26) two-bedroom one bath, and (2) one-bedroom one-bath units. The buildings are currently 100% vacant and primed for an investor looking to add value. Both properties include updated electric/plumbing and are heated by a central boiler.
Property Facts
| Price | $3,954,382 CAD | Number of Properties | 2 |
| Price / SF | $95.43 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 41,436 SF |
| Status | Active | Total Land Area | 0.58 AC |
| Price | $3,954,382 CAD |
| Price / SF | $95.43 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 41,436 SF |
| Total Land Area | 0.58 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7031 S Merrill Ave, Chicago, IL 60649 | Multifamily | 20,952 SF | 1921 | - |
| 7041 S Merrill Ave, Chicago, IL 60649 | Multifamily | 20,484 SF | 1921 | - |
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Two Buildings, 41 units
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