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6751 Chappel Ave

20 Unit Block of Flats £1,259,712 (£62,986/Unit) Chicago, IL 60649

Investment Highlights

  • Professional Offering Memorandum Available Upon Request
  • 16 One-Bedroom Units and 4 Two-Bedroom Units
  • Close Proximity to 67th St Beach
  • Rare Opportunity for an Investor to Acquire a Fully-Vacant Property in a Desirable Pocket of Jackson Park Highlands
  • Within Walking Distance to Future Obama Presidential Library Site

Executive Summary

Essex Realty Group, Inc. has been exclusively engaged to market for sale 6751 S Chappel Ave, a 20-unit apartment building in Chicago's Jackson Park Highlands neighborhood.

Property Facts

Price £1,259,712 Lot Size 0.30 AC
Price Per Unit £62,986 Building Size 21,840 SF
Sale Type Investment Average Occupancy 100%
No. Units 20 Number of Floors 3
Property Type Residential Year Built 1916
Property Subtype Apartment Parking Ratio 0.2/1,000 SF
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class C
Price £1,259,712
Price Per Unit £62,986
Sale Type Investment
No. Units 20
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.30 AC
Building Size 21,840 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1916
Parking Ratio 0.2/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • Vintage Building

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 16 - 700
2+1 4 - 850

Links

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Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 20-24-401-010-0000 Improvements Assessment £96,561
Land Assessment £15,872 Total Assessment £112,432

PROPERTY TAXES

Parcel Number
20-24-401-010-0000
Land Assessment
£15,872
Improvements Assessment
£96,561
Total Assessment
£112,432

zoning

Zoning Code RM-5, Chicago
RM-5, Chicago
(312) 610-1074

  • Listing ID: 33689581

  • Date on Market: 30/10/2024

  • Last Updated:

  • Address: 6751 Chappel Ave, Chicago, IL 60649

The South Chicago Residential Property at 6751 Chappel Ave, Chicago, IL 60649 is currently available. Contact Essex Realty Group for more information.

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© 2024 CoStar Group

6751 Chappel Ave
(312) 610-1074 x

6751 Chappel Ave

Robert Berman

(312) 610-1074

(312) 610-1074

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