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

Share This Listing

Please enter a valid email address.

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

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!

West Chatham Portfolio

3 Properties Offered at £2,843,626 in Chicago, IL

Investment Highlights

  • Professional Offering Memorandum Available Upon Request
  • Opportunity For Investor to Raise Currently Below Market Rents: Significant Rental Upside
  • Laundry Facilities On-Site and Secured Entry Ways
  • $65k/Unit
  • Meticulously Maintained by Long-Term Local Owner
  • Easy Access to I-94 & I-90, Red Line, and Rock Island Metra

Executive Summary

Essex Realty Group Inc. has been exclusively engaged to market for sale 7909 S Normal Ave, 441 W 79th St, & 445 W 79th , 55-Unit portfolio. The subject properties are located in the highly desirable West Chatham neighborhood of Chicago’s southside.
The subject properties are three (3) story buildings consisting of six (6) studios, twenty-six (26) one bedroom / one bathroom, twelve (12) two bedroom / one bathroom, three (3) three bedroom / one bathroom apartments, and eight (8) commercial spaces. The buildings have been meticulously maintained since acquiring, with the units featuring large layouts, windows, closets, radiator heating, hardwood floors.
This value-add opportunity is an excellent investment for a multifamily investor to expand their portfolio with well stabilized buildings with the opportunity to raise below market rents.

Property Facts

Price £2,843,626
Price / SF £65.26 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 43,572 SF
Total Land Area 1.23 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
445-459 W 79th St, Chicago, IL 60620 Retail 6,000 SF 1915 -
7909 S Normal Ave, Chicago, IL 60620 Residential 20,000 SF 1928 -
Neighborhood Housing Services
441-443 W 79th St, Chicago, IL 60620
Retail 17,572 SF 1928 -
Show More > < Show Less
  • Listing ID: 34214377

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: West Chatham Portfolio, Chicago, IL

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}