7950 S Exchange
7950 S Exchange Ave,
Chicago, IL 60617
Mixed Use Building Sale
$539,000
Offering Price
7.25
GRM
$59,889
Price Per Unit
9
Number of Units
8.80%
Cap Rate
5,952
Building SF
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$539,000
Offering Price
7.25
GRM
$59,889
Price Per Unit
9
Number of Units
8.80%
Cap Rate
5,952
Building SF
Unit Mix
3 Office Units
5 Residential Apartments
1 Couch House
Great low-rise mixed unit building for sale. Sale includes additional lot. Rent escalation potential. This mixed-use building is nearby the newly approved $126 million in projects. The developments covering housing, community services and historic renovations are part of the mayor’s Invest South/West program for equitable investment.
Chicago's South Side
The South Side is the area of Chicago, Illinois, U.S. It lies south of the city's Loop area in the downtown. Geographically, it is the largest of the three Sides of the city that radiate from downtown-the other Sides of the city being the North Side and the West Side. The South Side is home to many official landmarks and other notable buildings and structures. It hosts three of the four Chicago Registered Historic Places from the original October 15, 1966 National Register of Historic Places list (Chicago Pile-1, Robie House and Lorado Taft Midway Studios). The South Side has several landmark districts including two in Barack Obama's Kenwood community area: Kenwood District, North Kenwood District and (partially) Hyde Park-Kenwood Historic District. The South Side hosts the Museum of Science and Industry,[84] located in the Palace of Fine Arts, one of the few remaining buildings from the 1893 World's Columbian Exposition, which was hosted in South Side. - Wikipedia
FOR MORE DETAILS CONTACT
Dion DePaoli
Principal / Managing Broker
(219) 281-2510
dion@altus-realty.com
RB16001279
Kelley Wontorski
Listing Agent
(219) 775-2891
kelleyadvancedrealestate@gmail.com
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