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$ 305,000
Est. payment | /mo
$ 305,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12262080
Year Built 1920
Annual Tax Amount $1,787
Tax Year 2023
Lot Dimensions 30 X 124
Property Description
6915 S. Peoria is a 5-unit apartment building located in Chicago's up & coming Englewood neighborhood. Presently, this asset is grossly under-leased, but has tremendous upside potential. The stabilized pro-forma cap rate (with CHAC tenants) is 30; 20 with market rate tenants and its composed of 5 HUGE apartments (2 x 3/2s, 2 x 4/2s & 1 x 5/2). Light tune-up is required in 2 units. Hungry? Sustenance at Aldi & Whole Foods are just 3 & 4minutes away respectively. Need to get back to the office? The CTA's Halsted Green Line stop is 2 minutes from your front door. Need to get out of Dodge? The Dan Ryan Expressway is a 4-minute drive due East. 16th Ward Alderman Stephanie Coleman runs the show. Information deemed reliable, but not guaranteed. Use diligence.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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Listed by Scott Siegel • Chicago Real Estate Authority
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "