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818-824 W 71st St

28 Unit Apartment Building $742,000 ($26,500/Unit) Chicago, IL 60621

Investment Highlights

  • Professional Offering Memorandum Available Upon Request
  • Rare Opportunity for Investor to Acquire/Renovated a Fully Vacant Building in Need of a Gut Rehab
  • Favorable Mix of Majority Two and Three Bedroom Units
  • 26.5K/Unit
  • Mixed-Use: 26 Apartments and 2 Commercial Spaces

Executive Summary

Essex Realty Group, Inc. has been exclusively engaged to market for sale 818 W 71st St, a fully vacant, 28-unit mixed use property located in Chicago's Englewood neighborhood.

Property Facts

Price $742,000
Price Per Unit $26,500
Sale Type Investment
No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.22 AC
Building Size 24,608 SF
No. Stories 4
Year Built 1927

Unit Amenities

  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-20-431-017-0000
Land Assessment
$7,500
Improvements Assessment
$105,000
Total Assessment
$112,500

zoning

Zoning Code RT-4. Chicago (Residential Two-Flat, Townhouse and Multi-Unit District)
RT-4. Chicago (Residential Two-Flat, Townhouse and Multi-Unit District)
  • Listing ID: 32999172

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 818-824 W 71st St, Chicago, IL 60621

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