ON MARKET - MULTI-FAMILY
7505 S Calumet Ave Chicago, IL 60619
NEIGHBORHOOD
South Shore
PRICE
$3,100,000
NUMBER OF UNITS
43
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
LISTING BROKERS
Principal
312.998.2112
Managing Director
312.610.1704
Associate
312.890.2232