Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

945 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3.34% Loan-The Douglass Portfolio

7 Residential Properties Offered at £25,247,999 in Chicago, IL

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

9.28% Cap Rate
Assumable Debt at 3.34% Interest Rate

95% Subsidized Tenants
Completely Gut Renovated

Executive Summary

7 Building Portfolio: 328 Total Units
7635 S. East End: 26 Units
7748 S. Essex: 32 Units
7927 S. Marquette: 17 Units
6531 S. Lowe: 188 Units
7625 S. Eat End: 25 Units
7800 S. Sangamon: 21 Units
8056 S. Marshfield: 19 Units
Over 92% Occupied
Assumable financing: $19.6 million remaining, 3.34% interest rate

Property Facts

Price	£25,247,999	Number of Properties	7
Price / SF	£71.65 / SF	Individually For Sale	0
Net Initial Yield	9.28%	Total Building Size	352,370 SF
Sale Type	Investment	Total Land Area	4.23 AC
Status	Active

Price	£25,247,999
Price / SF	£71.65 / SF
Net Initial Yield	9.28%
Sale Type	Investment
Status	Active
Number of Properties	7
Individually For Sale	0
Total Building Size	352,370 SF
Total Land Area	4.23 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
8054 S Marshfield Ave, Chicago, IL 60620	Residential	12,700 SF	1925	-
7635-7645 S East End Ave, Chicago, IL 60649	Residential	15,850 SF	1930	-
Eastwood Garden Apartments 6531 S Lowe Ave, Chicago, IL 60621	Residential	206,322 SF	1974	-
7748 S Essex Ave 7748 S Essex Ave, Chicago, IL 60649	Residential	17,498 SF	1929	-
7625 S East End Ave, Chicago, IL 60649	Residential	40,800 SF	1923	-
South Shore Courtyard 7927 S Marquette Ave, Chicago, IL 60617	Residential	9,200 SF	1927	-
7800 S Sangamon St, Chicago, IL 60620	Residential	50,000 SF	1922	-

Show More > < Show Less

This feature is unavailable at the moment.