7846 South EXCHANGE AvenueChicago, IL 60649Price: $635,000

  • Price: $635,000
  • 38 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.
  • 0.17Acreage
  • 8,000Square Feet
  • 1961Year Built

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PLEASE CONTACT BROKER FOR OFFERING MEMORANDUM WITH FULL RENT ROLL, FINANCIALS, AND BUILDING INFORMATION. We are pleased to present for sale 7846 S. Exchange Avenue, a California-style ten-unit multi-family investment apartment building in the South Shore neighborhood of Chicago. The property is composed of ten (10) 1-Bed / 1-Bath units and rear pad parking for four vehicles. The property has common baseboard boiler heat, common hot water, and a newer laundry facility. The current in-place CAP rate is (8.24%), while the prospective investor will realize a (12.91%) CAP rate upon rental stabilization.

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Listed by Thomas Hart of 33 Realty

Based on information submitted to MRED  as of September 30, 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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