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32425374
32425840

2 Locations For Sale

McKay Investment Realty Inc
Listed by McKay Investment Realty Inc
$1,100,000
69 days on market
Updated 69 days ago
Opportunity zone

8001 S EXCHANGE AVE & 1908 E 79TH ST, CHICAGO, IL

Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Class C
Buildings 2
Acreage 6125.000
Zoning MULTIFAMILY & MIXED USE
Ground Lease No
Sale Condition Distressed

MOTIVATED SELLER! 2 BUILDINGS (8 UNIT MULTIFAMILY & 1O UNIT MIXED-USE) SOLD AS PACKAGE OR SEPARATLEY

Marketing description

MOTIVATED SELLER!

Value-add 8 unit building at 8001 S Exchange Ave, Chicago, IL 60617. Desirable unit mix consisting of 4 - 2 bedroom / 1 bathroom apartments & 4 - 3 bedroom / 1 bathroom apartments. Features a mix of carpet and pergo, updated electrical, separate furnaces. Tenants are M-T-M and all behind on rent. Fully occupied. Near Rainbow Beach Park, just minutes from the Museum of Science Industry, University of Chicago and the future Obama Presidential Library. Can be sold as a package with 1908 E 79th St (MLS# 2643722). PRICE $525,000.

True value-add 10 unit mixed-use building located at 1908 E 79th St, Chicago, IL 60649. Units consist of 8 - 2 bedroom / 1 bathroom apartments & 2 storefronts. 3 Vacant Apartments. The remaining will need to be evicted. Near Rainbow Beach Park, the Museum of Science Industry, University of Chicago and the future Obama Presidential Library. Can be sold as a package with 8 unit located at 8001 S Exchange. PRICE $575,000.

Investment highlights

MOTIVATED SELLER!

2 BUILDINGS (8 UNIT MULTIFAMILY & 1O UNIT MIXED-USE) SOLD AS PACKAGE, OR SEPARATLEY

True value-add opportunity. Owner renovated both buildings and units, including mechanicals, within the last 10 years. The tenants to be evicted and requires new management.

Listing Contacts

McKay Investment Realty Inc
Listed by McKay Investment Realty Inc

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