PROPERTY LISTED
Essex Realty Group, Inc. is pleased to announce the sale of 6700 S. Constance Avenue, a 78 unit apartment
building located in Chicago's historic landmark district of Jackson Park Highlands. The building consists of forty-one (41) studio apartments and thirty-seven (37) large one-bedroom apartments. The typical units contain hardwood floors, white appliances, a
radiator and laminate kitchen countertops. There is a significant opportunity to add value to this property by adding a laundry facility to generate additional income. Additionally, due to the large size of the units and favorable floor plans, a new owner has the
opportunity to convert the studio apartments into one-bedrooms and the current one-bedrooms into two-bedrooms.
LOCATION DETAILS
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HIGHLIGHTS
- Same Owner for 40 Years
- Renovations Planned by New Owner
- Great South Shore Location
- Significant Rental Upside
- Recent CapEx: Porches, Boilers, Electrical Service to Units