353 E 79th St
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353 E 79th St
17,394 SF 100% Leased Retail Building Chicago, IL 60619 $1,200,000 ($69/SF)
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Value-Add Opportunity: Upgrade and Lease Up Currently Vacant Units
- Opportunity For Investor to Raise Currently Below Market Rents: Significant Rental Upside
- $54k/Unit
- Individually Furnaced, Tenants Pay Heat
- Blocks From 79th Street CTE Red Line Station
Executive Summary
Essex Realty Group, Inc. has been exclusively engaged to market for sale 7903 S Calumet Ave, a 22 unit mixed-use property located in Chicago's Chatham neighborhood.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
17,394 SF
Building Class
C
Year Built
1928
Price
$1,200,000
Price Per SF
$69
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.17 AC
Zoning
B3-2 - Mixed-Use Commercial/Residential
Parking
4 Spaces (0.26 Spaces per 1,000 SF Leased)
Frontage
76 FT on East 79th Street
Walk Score ®
Very Walkable (83)
Transit Score ®
Excellent Transit (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 20-34-105-001-0000 | Improvements Assessment | $94,800 |
| Land Assessment | $7,500 | Total Assessment | $102,300 |
PROPERTY TAXES
Parcel Number
20-34-105-001-0000
Land Assessment
$7,500
Improvements Assessment
$94,800
Total Assessment
$102,300
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353 E 79th St
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