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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

7043 S CLYDE AVE # 45 Chicago IL 60649-7409

[Locked] • APN 20-24-423-009-0000

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 9,486
Lot SqFt 6,237
Acreage ******
Number of Units 6
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code RM-5
Year Built 1916
Building Count 2
Opportunity Zone Yes
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description
Welcome to Jackson Park, the finest area in South Shore, where an exceptional opportunity awaits you. This 6-unit building boasts a desirable layout, with each unit featuring 2 spacious bedrooms and 1 bathroom. Individual utilities ensure convenience and flexibility for both tenants and landlords. Renovated to perfection in 2016, this building underwent a complete transformation from top to bottom. Every unit was meticulously remodeled, allowing the contractor to start with a clean slate. The result? A fresh, modern living space for each resident. The renovations encompassed new windows, updated electrical systems, upgraded plumbing, efficient furnaces, stylish cabinets, pristine drywall, and attractive flooring. The use of professional-grade materials and the attention to detail in the renovations make this property an exceptional addition to your investment portfolio. Tuckpointing & lentils were completed in 2023. Convenience is key, as this property is situated in close proximity to shopping centers and transportation options, ensuring easy access to amenities and commuting routes. Moreover, the highly anticipated Obama Library, currently under construction nearby, promises to further enhance the value of the area in the coming years. There exists a notable potential to enhance the property's value through the upward adjustment of current below-market lease rates to align with prevailing market-level lease rates during the time of renewal or execution of new leases.
Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Ownership Rights Code
******
Mortgage Recording Date
******
Mortgage Maturity Date
******
Mortgage Term
******
Document Number
******
Document Type
******
Mortgage Interest Rate
******
Mortgage Loan Type
******
Mortgage Lender Name
******
Loan Amount
******
Mortgage Document Date
******
Mortgage Estimated Interest Rate Indicator
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Mortgage Loan Trans Type
******
Seller 1 Name
******
Transfer Tax
******
Sold By
******
Sold To
******
Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Asking Details
Asking Cap Rate
******
Marketing Description

Investment Summary

Welcome to Jackson Park, the finest area in South Shores, where an exceptional opportunity awaits you. This 6-unit building boasts a desirable layout, with each unit featuring 2 spacious bedrooms. Individual utilities ensure convenience and flexibility for both tenants and landlords.

Under Contract with Back-Up Offer as well.

Investment Highlights

Renovated to perfection in 2016, this building underwent a complete transformation from top to bottom. Every unit was meticulously remodeled, allowing the contractor to start with a clean slate. The result? A fresh, modern living space for each resident. The renovations encompassed new windows, updated electrical systems, upgraded plumbing, efficient furnaces, stylish cabinets, pristine drywall, and attractive flooring. The use of professional-grade materials and the attention to detail in the renovations make this property an exceptional addition to your investment portfolio.

Value-Add Opportunity

There exists a notable potential to enhance the property's value through the upward adjustment of current below-market lease rates to align with prevailing market-level lease rates during the time of renewal or execution of new leases.

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
KR
Kevin Rocio
•••.•••.0307
•••ocio@••••••••••••.com
Brokerage logo
Sold on
 BY:
SH
Sharial Howard
•••.•••.0135
•••rial@••••••••••••.com
Brokerage logo

Map

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