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6457-6459 S Cottage Grove Ave
Chicago, IL 60637
Value Add 16 Unit Near Obama Library Woodlawn · Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • Located near the University of Chicago campus & the Obama Library construction site
  • Pro Forma Cap Rate 17.2%
  • Value Add 16 Unit Mixed-Use Building

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.13 AC
Building Size 18,339 SF
Average Occupancy 88%
No. Stories 3
Year Built 1904
Parking Ratio 0.27/1,000 SF
Cross Streets E 65th St
Zoning B3-2 - Shopping centers, large stores, and retail storefronts, often along major streets. Apartments permitted above the ground floor.

AMENITIES

SITE AMENITIES

  • 24 Hour Access
  • On-Site Retail

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 $900.00 700 - 1,000
3+2 2 $1,075 700 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-23-102-011-0000
Land Assessment
$5,643
Improvements Assessment
$82,328
Total Assessment
$87,971
  • Listing ID: 25715863

  • Date on Market: 5/16/2022

  • Last Updated:

  • Address: 6457-6459 S Cottage Grove Ave, Chicago, IL 60637

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