Lender Ordered Sale: Vacant 76-Unit Multifamily – Chicago, IL
Asking Price: $3,600,000.00
- Description
- Offering Memorandum
- Showing Request
Description
Asking Price: $3,600,000 / $47,368 per unit
Short Term Seller Financing Available: Lender would entertain providing short term financing for a period of 2 years, 70% LTV, 9% Interest
Total Units: 76 Units – (64) Studios and (12) 1 Bedroom 1 Bath
Lot Size: 10,000 SF
Zoned: RM6
2022 Property Taxes: $54,084
AW Properties has been exclusively retained to sell this vacant, value-add, seven-story, mid-rise, 76-unit multifamily property located at 7456 S South Shore Drive in the South Shore neighborhood of Chicago, IL.
The property consists of a desirable unit mix of sixty four (64) Studios, and twelve (12) 1 bed 1 bath units. Heat is provided by a central boiler. The property has two elevators, and a laundry room. Click on Offering Memorandum for more information.
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