10401 S Ewing Ave
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10401 S Ewing Ave
9 Unit Apartment Building $750,000 ($83,333/Unit) 7.14% Cap Rate Chicago, IL 60617
Investment Highlights
- Value-Add Opportunity
- Mobility Zone & Mobility Counseling Services
- Superior Location & Amenities
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use residential and retail investment property located at 10401 S Ewing Avenue in the East Side neighborhood of Chicago, Illinois (the “Property”). The two-story building contains nine (9) units comprised of two (2) retail units at street-level and seven (7) residential units spread over the 1st and 2nd floors. The Property also has one non-conforming unit in the basement (not included in the unit count). The property has 10,000 square feet of gross living area in 12,000 square feet of total area on a 0.14- acre corner parcel. The Property is well-located at the intersection of E 104th Street and S Ewing Avenue, one of the area’s primary commercial and commuter corridors. The Property is located within a Mobility Zone (a Chicago Housing Authority Program) and provides convenient access to area parks, highways, public transportation, and numerous retail amenities. The Property is less than 1-mile from Calumet Beach and Lake Michigan and is 2-miles from the Horseshoe Hammond Casino.
Property Facts
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Trash Pickup - Curbside
- Public Transportation
- Walk-Up
- Smoke Detector
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Walk Score ®
Very Walkable (77)
PROPERTY TAXES
Parcel Number | 26-08-322-048-0000 | Improvements Assessment | $47,932 |
Land Assessment | $5,990 | Total Assessment | $53,922 |
PROPERTY TAXES
Parcel Number
26-08-322-048-0000
Land Assessment
$5,990
Improvements Assessment
$47,932
Total Assessment
$53,922
zoning
Zoning Code | B3-1 |
B3-1 |
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10401 S Ewing Ave
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