This Multifamily Property is no longer advertised on LoopNet.com.

6711 S Chappel Ave
Chicago, IL 60649
Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • Seven (7) 2bd/1ba and One (1) 1bd/1ba
  • 15% In Place Cash-on-Cash Return
  • Significant value-add opportunity through improved leasing/management
  • 8% In Place Cap. Rate
  • Current Rents 25%+ below Market Averages

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 7,161 SF
No. Stories 3
Year Built 1963
Zoning RM-5 - Residential Multi-Unit District

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 - -
2+1 7 - -
  • Listing ID: 20098612

  • Date on Market: 6/30/2020

  • Last Updated:

  • Address: 6711 S Chappel Ave, Chicago, IL 60649