Listed by Safdie Realty Group
$2,199,999
7822-7824 S South Shore Drive
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 26,229
Units 24
Cap Rate 10.48%
NOI $230,655
Occupancy 97%
Pro-Forma Cap Rate 12.73%
Pro-Forma NOI $280,117
Price per SqFt $84
Class A
Year Built 1964
Buildings 2
Stories 3
Lot Size (SqFt) 19,789
Zoning RM5
Parking Spaces 14 spaces
Parking per 1,000 SqFt 0.53
Investment Type Value Add
Multifamily | 24 Units | $91,667/unit
Marketing description
Safdie Realty Group has been retained on an exclusive basis to arrange for the sale of the property located at 7822-7824 S. South Shore Drive, Chicago, IL ("Real Property"). The Real Property is a multifamily apartment building comprising a total of 24 units.
A data box of further information/documentation is available upon request and signed NDA.
For more information reach out directly:
Roni Yaghoobzar
(516) 469-0773
Listing Contacts
Listed by Safdie Realty Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$230,655.00
$19,221.25/mo
Valuation Metrics
0
DSCR
10.48%
Cap Rate
10.48%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
