PROPERTY LISTED
Essex Realty Group, Inc. has been engaged to exclusively market for sale 7505 S. Calumet Ave., a 43-unit mixed use property located in Chicago’s Greater Grand Crossing neighborhood.
LOCATION DETAILS
7505 S Calumet
HIGHLIGHTS
- Mixed Use: 6 Commercial Units and 37 Apartment Units
- Stabilized, Cash Flowing Asset with Strong History of High Occupancy and Collections
- Ownership has Done the Heavy Lifting; No Major Work Required Beyond Continuing to Manage the Property
- All Commercial Spaces are Occupied by Long Term Tenants
- Owned and Professionally Operated by Long Term Local Owner
- Opportunity for Investor to Add Value by Increasing Currently Below Market Residential Rents
- Close Proximity to National Retailers