8005 South Merrill 8005 S Merrill Ave
21 Unit Block of Flats £1,307,760 (£62,274/Unit) Chicago, IL 60617
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Desirable Unit Mix of Mostly [57%] Two and Three Bedroom Units
- 8 Garage Parking Spaces
- Opportunity For Investor to Raise Currently Below Market Rents: Significant Rental Upside
- Meticulously Maintained and Professionally Operated By Local Owner
- Close Proximity to The Obama Presidential Library and Proposed Quantum Computing Campus
Executive Summary
Essex Realty Group, Inc. has been exclusively engaged to market for sale 8005 S Merrill Ave, a 21-unit multifamily property in Chicago's South Shore neighborhood.
Property Facts
Price | £1,307,760 |
Price Per Unit | £62,274 |
Sale Type | Investment |
No. Units | 21 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.40 AC |
Building Size | 13,008 SF |
Number of Floors | 3 |
Year Built | 1927 |
Opportunity Zone |
Yes |
Unit Amenities
- Ceiling Fans
- Kitchen
- Wooden Floors
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 9 | - | - |
2+1 | 9 | - | - |
3+1 | 3 | - | - |
1 of 1
PROPERTY TAXES
Parcel Number | 20-36-211-001-0000 | Improvements Assessment | £104,222 |
Land Assessment | £17,967 | Total Assessment | £122,190 |
zoning
Zoning Code | RS-3 (Residential Single-Unit District) |