Two Buildings, 41 units 2 Multifamily Properties Offered at £2,185,962 in Chicago, IL
INVESTMENT HIGHLIGHTS
- 95% 2 Bedrooms+
- 100% Vacant
- Updated Electric/Plumbing
- Central Boiler Heat
EXECUTIVE SUMMARY
CRER is pleased to present a 41-unit multifamily portfolio located in the south side Chicago neighborhood of South Shore. The two properties, located side by side, include a desirable unit mix of (1) four-bedroom two-bath, (12) three-bedroom two-bath, (26) two-bedroom one bath, and (2) one-bedroom one-bath units. The buildings are currently 100% vacant and primed for an investor looking to add value. Both properties include updated electric/plumbing and are heated by a central boiler.
PROPERTY FACTS
| Price | £2,185,962 |
| Price / SF | £52.76 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 41,436 SF |
| Total Land Area | 0.58 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7041 S Merrill Ave, Chicago, IL 60649 | Multifamily | 20,484 SF | 1921 | - |
| 7031 S Merrill Ave, Chicago, IL 60649 | Multifamily | 20,952 SF | 1921 | - |
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