7515 S Phillips Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
7515 S Phillips Ave
6 Unit Apartment Building $540,000 ($90,000/Unit) 9% Cap Rate Chicago, IL 60649
Investment Highlights
- POTENTIAL TO CONVERT ALL SIX TWO-BEDROOM UNITS INTO THREE-BEDROOM UNITS
- SIX DETACHED GARAGES PLUS AMPLE OFF-STREET PARKING
- EXCELLENT SOUTH SHORE LOCATION JUST FOUR BLOCKS FROM LAKE MICHIGAN
- ON-SITE LAUNDRY
Property Facts
| Price | $540,000 | Property Subtype | Apartment |
| Price Per Unit | $90,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 9% | Building Size | 6,000 SF |
| Gross Rent Multiplier | 5.97 | No. Stories | 4 |
| No. Units | 6 | Year Built | 1921 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $540,000 |
| Price Per Unit | $90,000 |
| Sale Type | Investment |
| Cap Rate | 9% |
| Gross Rent Multiplier | 5.97 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 6,000 SF |
| No. Stories | 4 |
| Year Built | 1921 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 1,300 |
1 of 1
Walk Score ®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 21-30-301-005-0000 | Improvements Assessment | $46,628 |
| Land Assessment | $5,573 | Total Assessment | $52,201 |
PROPERTY TAXES
Parcel Number
21-30-301-005-0000
Land Assessment
$5,573
Improvements Assessment
$46,628
Total Assessment
$52,201
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
7515 S Phillips Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.