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 | - | - |
LINKS
Listing ID: 20098612
Date on Market: 6/30/2020
Last Updated:
Address: 6711 S Chappel Ave, Chicago, IL 60649
The South Shore Multifamily Property at 6711 S Chappel Ave, Chicago, IL 60649 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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