Essex Realty Group Inc. is proud to announce the sale of 7411 S. Eggleston Ave, a 7 unit multifamily building located in Chicago’s Greater Grand Crossing neighborhood. This building features one (1) Garden unit and six (6) 2-bedroom apartments.
The subject property sits near the corner of S. Eggleston and W. 74th Street. Hamilton Park, which contains several sports fields, an archery range and swimming pool is located just 150 feet from the subject property. The 74th Street and Eggleston bus stop is located just 190 feet from the subject property making public transportation very accessible.
The subject property sits between the neighborhood of Greater Grand Crossing and Englewood. Both communities are served by the Chicago Public School District. Public transportation options for commuters include number CTA buses and ‘L’ trains, as well as Metra railways with transportation to Chicago’s Loop and nearby communities. Major highways also pass through the area, including the Dan Ryan Expressway, Chicago Skyway toll road and Lake Shore Drive.
A stones throw from the subject property is the ever popular (Andrew) Hamilton Park and Cultural Center. Totaling 28.88 acres, this frequented park & center feature a variety of public amenities including two gymnasiums, an auditorium, dance studio, indoor archery range, outdoor swimming pool, tennis courts, baseball diamonds, basketball, and handball to name a few. Thousands of residents and visitors enjoy the annual jazz concert here each summer.
Cultural opportunities abound, with the Museum of Science and Industry, the Field Museum, John G. Shedd Aquarium, Adler Planetarium, the DuSable Museum of African American History, as well as art galleries and museums located in the area. The Chicago Park District also offers residents several public parks.
- Incredible Investment Opportunity: Seven-unit building with huge value-add potential
- Prime Location: Just a two-minute stroll from beautiful Hamilton Park
- Attractive Income Stream: Currently rented below market rates for excellent cash flow potential.