ON MARKET – MULTI-FAMILY
6720 S. Jeffery Blvd. Chicago, IL 60649
NEIGHBORHOOD
South Shore
PRICE
$6,000,000
NUMBER OF UNITS
81
CAP RATE
7.27%
PROPERTY LISTED

Essex Realty Group Inc., is pleased to present for sale 6720 S. Jeffery Boulevard, one of the most historic multi-family properties in the neighborhood of Jackson Park Highlands. Erected in 1920 and scrupulously maintained since, this 81 unit property boasts of architectural exuberance. From the chiseled window frames, the arched entryway and original hallways, this building is an art piece of itself.
The subject property has had recent updates to the roof, windows, common-way hallways, and routine maintenance of the 2 elevators. The Boiler was replaced in 2019. The units feature large windows, hardwood floors, and updated fixtures. Unlike many south side multi-family properties, 6720 S. Jeffery Blvd., features a fitness center, and a laundry facility for tenant use. On the main floor is a private office where a building management office might be held.
This is a rare opportunity to invest in a well-maintained historic property in a Nationally recognized historic district.

LOCATION DETAILS

18-hole Jackson Park Golf Course, two walking trails, as well as two basketball courts.
The property is situated near the corner of S. Jeffery Blvd. & E. 67th St., in Chicago's historic Jackson Park Highland's neighborhood. On the North corner is landmark Jackson Park. Larger than downtown's Millennium & Grant Park combined, Jackson Park boasts 550 acres of green space. Features include, 18-hole golf course, two walking trails, two basketball courts, football field, gymnasium, tennis courts, lagoon, Japanese Garden, two harbors, a yacht club, two beaches, bathing pavilions, and a bird sanctuary. There is so much this park has to offer it's residents; It is no wonder this neighborhood is such a sought after area of Chicago. The eye catching architecture of this historic area highlights the prominence of the neighborhood. Chicago’s well known landmarks are scattered throughout, drawing tourists in for a fun adventure. One of the largest science museums in the world, The Museum on Science & Industry (1.5 miles), was the site of the 1893 World’s Columbian Exposition.

HIGHLIGHTS
  • Unbeatable Location
  • Tenant Amenities: Fitness Center, Laundry Facility
  • Ideal Mix of Studio, One & two Bedroom Apartment Units
  • Passenger & Freight Elevators
LISTING BROKER
Brian Mond
Director
312.662.9590