8743 S Beverly Avenue, Chicago, IL 60620

Units: 12
Price / Unit: $49,992
Year Built: 1,964

Property Overview

CRER is pleased to present 12-unit multifamily building located in the south side Chicago neighborhood of Auburn Gresham. The property includes a unit mix of (5) two bedroom, (3) one bedroom, and (4) studio units. There is a laundry room and 12 exterior parking spaces on-site. The building is mostly vacant and primed for an investor looking to add value. Each of the vacant units will need to be renovated including updates to the kitchens and baths. The mechanicals (heating, electric, plumbing) are older but in working condition. The roof is near the end of its useful life.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Expenses: $12,930
Annual Taxes: $12,930 (2023)

Property Details

Units: 12
Lot Dimensions: 78' x 125'
Stories: 3
Year Built: 1964
Building Age: Older
Parcel Number: 25062000870000

Operations & Utilities

Heating: Central Bldg Heat

Location & Use

County: Cook
Market Area: Chicago - Auburn Gresham

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.