Flats, LLC
Listed by Flats, LLC
$825,000
8018-8020 S Eberhart Avenue
Details
APN 20342090220000
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 13
NOI $57,716
Year Built 1925
Stories 3
Multifamily | 13 Units
Marketing description
Interra Realty LLC has been exclusively engaged to present 8018-20 S. Eberhart Ave for sale. A center entrance, 13 unit multi family asset featuring all 1 BD/1 BA units with spacious floor plans. Located in Chicago's South Side in the Chatham submarket, the property has been pridefully maintained and managed by a long term ownership group and presents a significant value add component by bringing rents to market levels upon tenant turnover. Current ownership has updated all units and has made significant cap-ex improvements including an updated roof, porches, electric, plumbing, and windows. A qualified investor has the opportunity to acquire a turn key, well managed, stabilized asset in one of Chicago's fastest appreciating submarkets with the ability to continue to increase rents to the top of the market.
Listing Contacts
Flats, LLC
Listed by Flats, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,716.00
$4,809.67/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
Map
Zoning
A AgricultureAgricultural District
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