PROPERTY LISTED
Essex Realty Group, Inc. has been exclusively engaged to market for sale 2909 E 78th St, a 31 unit multifamily building located in Chicago’s South Shore neighborhood.
LOCATION DETAILS
South Shore
HIGHLIGHTS
- Assumable Debt: .93 LTV at List Price, 4.18% IR
- Current Assumable Loan Balance: $2,316,000
- Stabilized, Cash-Flowing Asset
- 20 Subsidy Tenants
- 27 Units Fully Renovated Over the Past Seven Years
- Opportunity to Achieve Outstanding Cash Returns with Low Rate, High Leverage Assumption
- Close Proximity to Proposed Obama Presidential Library Site