8000 South Paxton AvenueChicago, IL 60617Price: $1,750,000

  • Price: $1,750,000
  • 94 Days on Market
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Federal 30-year interest rate: 5.1% last updated on May 26, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1928Year Built

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8000 S Paxton is a 21-unit multifamily property located in the South Chicago neighborhood of Chicago,IL. This property is located in a federal qualified opportunity zone and consists of (3) studios,one-bath units,(17) one-bedroom,one-bath units and (1) two-bedroom,one-bath units. The property,built in 1928,has benefited from many capital improvements and is fully occupied. The subject property is 17.2 miles South West of Midway International Airport and 10 miles from Chicago's central business district. The South Chicago neighborhood has direct access to Lake Shore Drive and Chicago Skyway. The Metra line is under construction and many other exciting developments. The subject property is 2.6 miles west of Chicago's Rainbow Beach and Eugene Sawyer Water Purification Plant. It is 10.5 miles from Chicago's central business district. This property gives an investor the opportunity to acquire a well-maintained asset and achieve above-average returns from day one.

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Listed by Travis Montgomery and Anthony Hardy of Keller Williams ONEChicago

Based on information submitted to MRED  as of May 29, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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