Chicago, ILMultifamily
7456 S South Shore Drive, Chicago, IL
Sold
This asset has sold for $3,600,000. The record stays published — the terms, the photography and the process are the evidence for how the next one gets handled.
4 photographs — scroll the strip or choose a frame below.
Short Term Seller Financing Available: Lender would entertain providing short term financing for a period of 2 years, 70% LTV, 9% Interest
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.
This asset is no longer available. The process that sold it — the marketing, the buyer pool, the reporting a court or a credit committee will accept — is the part that transfers.
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A Comparable Mandate
This transaction is published in full because the record is the argument. If you are holding something similar — as owner, lender, receiver or counsel — that is the conversation to have.
