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 - -

PROPERTY TAXES

zoning

Zoning Code RS-3 (Residential Single-Unit District)
  • Listing ID: 34466321

  • Date on Market: 13/01/2025

  • Last Updated:

  • Address: 8005 S Merrill Ave, Chicago, IL 60617