CLOSED - MULTI-FAMILY
8014-16 S. Ingleside Avenue Chicago, IL 60619
NEIGHBORHOOD
Chatham
PRICE
$549,000
NUMBER OF UNITS
6
PROPERTY LISTED

The South Side Team at Essex Realty Group, Inc. is pround to facilitate the sale of 8014-16 S. Ingleside Avenue, a 6 unit apartment building located in Chicago’s South Side neighborhood of Chatham. After an extensive marketing campaign, the subject property received great exposure and received multiple offers. The building consists of five (5) recently renovated 2 bedroom 1 bathroom apartments and one (1) 1 bedroom 1 bathroom. All apartments contain hardwood flooring throughout, large bay windows, separate furnaces and hot water tanks in each unit and washer and dryer hookups are also included. There are 4 parking spaces located in the rear of the building which can add to the value of the monthly rental income. There is room too for additional income by renting out basement storage units.

LOCATION DETAILS

The Chatham neighborhood is located eleven miles from the Chicago’s Business District “the Loop”. The University of Chicago as well as Chicago State University are a quick 10 minute drive away with a direct route on accessible Cottage Grove Avenue. Conveniently located near public transportation with 2 bus stops both .2 miles away (Route 4 Cottage Grove and Route 79 on 79th Street). The 79th Street Metra stop is only .4 miles away with access to the loop. Chatham’s boundaries are 79th Street to the north, 91st Street to the south, Holland Rd to the west and Dauphin Ave to the east. Originally settled in 1850’s by the early 1860’s Chatham experienced a renaissance in the late 1970s, as several segments of the neighborhood were designated as historic districts by the city and new residential construction began to replace vacant lots. By the late 1990s, families were moving back into the area. Many of these beautiful 1920s homes and apartment buildings are what give this neighborhood is characteristic charm.

The proximity to Multiple modes of transportation, Jackson Park, Chicago State University, Hyde Park’s University of Chicago and to downtown makes this a very attractive rental area for prospective tenants.

HIGHLIGHTS
  • Six recently renovated units
  • Hardwood flooring throughout
  • Large bay windows, separate furnaces and hot water tanks in each unit
  • Washer and dryer hookups included
  • 4 parking spaces in the rear of the building
LISTING BROKER