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7344 South Artesian Avenue

Chicago, Illinois 60629
$500,000
2
Beds
2
Baths
0.17
Acres
$500,000
2
Beds
2
Baths
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7344 South Artesian Avenue

Chicago, Illinois 60629
$500,000
active
1/8
Street View
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9 unit building in Marquette Park with (6) one bedrooms and (3) two bedrooms. Great return, 9.19% CAP rate. The property has large unit layouts, high historical occupancy, and on-site laundry. All units have tenant paid GFA furnaces. The area of Marquette Park is anchored by its 323 acre Park which is the largest on the southwest side of Chicago. Amenities include golf course, driving range, recreation fields, and field house. The subject is less than 1 mile from the actual park. An investor can enjoy strong returns right away or improve returns with further unit improvements over time.

2
Beds
2
Baths
0.17
Acres
MLS#: 10138403
Listed by Triton Realty Group LLC
$500,000
2
Beds
2
Baths
Favorite
Ask agent

9 unit building in Marquette Park with (6) one bedrooms and (3) two bedrooms. Great return, 9.19% CAP rate. The property has large unit layouts, high historical occupancy, and on-site laundry. All units have tenant paid GFA furnaces. The area of Marquette Park is anchored by its 323 acre Park which is the largest on the southwest side of Chicago. Amenities include golf course, driving range, recreation fields, and field house. The subject is less than 1 mile from the actual park. An investor can enjoy strong returns right away or improve returns with further unit improvements over time.

  • Neighborhood
  • Type
  • Total Baths
  • Tax Amount
    $9,387
  • Status
    Active
  • MLS#
    10138403
  • Built
    1928
  • Lot Size
    0.17 Acres
  • Listed on site
    32 days

Listed by:
Triton Realty Group LLC

Source:
MRED

Property details

Property Features

  • Gas Utilities

Exterior features

  • No Pool
  • Basement

Interior Features

  • Heat Gas
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