Cheltenham Apartments | 3008 E Cheltenham Pl
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Cheltenham Apartments 3008 E Cheltenham Pl
38 Unit Apartment Building $3,250,000 ($85,526/Unit) Chicago, IL 60649
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Opportunity for Investor to Raise Currently Below Market Rents
- One Block From ME Orange Line Station
- Mix of Studio, One and Two Bedroom Units
- Individually Furnaced, Tenants Pay Heat
- Close Proximity to Rainbow Beach and Proposed $9 Billion PsiQuantum Computing Campus
Executive Summary
Essex Realty Group, Inc. has been exclusively engaged to market for sale 3008 E Cheltenham Pl, a 38-unit multifamily property located in Chicago's South Shore neighborhood.
Property Facts
| Price | $3,250,000 | Apartment Style | Mid Rise |
| Price Per Unit | $85,526 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| No. Units | 38 | Building Size | 33,200 SF |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 1927 |
| Price | $3,250,000 |
| Price Per Unit | $85,526 |
| Sale Type | Investment |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 33,200 SF |
| No. Stories | 7 |
| Year Built | 1927 |
Unit Amenities
- Air Conditioning
- Heating
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Trash Pickup - Door to Door
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 553 |
| 1+1 | 20 | - | 829 |
| 2+1 | 12 | - | 1,106 |
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PROPERTY TAXES
| Parcel Number | 21-30-411-018-0000 | Improvements Assessment | $270,375 |
| Land Assessment | $6,525 | Total Assessment | $276,900 |
PROPERTY TAXES
Parcel Number
21-30-411-018-0000
Land Assessment
$6,525
Improvements Assessment
$270,375
Total Assessment
$276,900
zoning
| Zoning Code | R-4, Chicago (Residential) |
| R-4, Chicago (Residential) |
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Robert Berman -
Essex Realty Group
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Cheltenham Apartments | 3008 E Cheltenham Pl
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