CRER is pleased to offer the opportunity to acquire the Jackson Park Portfolio consisting of three (3) multifamily properties located within Chicago’s South Shore neighborhood.

• 6916 S. Clyde Ave, Chicago, IL 60649
• 7038 S. Chappel Ave, Chicago, IL 60649
• 7500 S. South Shore Dr. Chicago, IL 60649

The portfolio consists of 208 units with a mix of (181) one bedroom, (13) two bedroom, (12) three bedroom, and (2) studio units.

The apartments include spacious floor plans with updated kitchen and baths throughout. Capital improvements to the portfolio consist of updated electric/plumbing, newer windows, on-site laundry, and renovated units.

Each building in the portfolio has a class 9 real estate tax designation which reduces tax assessments by 50%.

The Jackson Park Portfolio also offers the opportunity for an investor to assume the existing loan with an interest rate of 4.16%.

• Unit Mix: (208) units total | (181) 1 bedroom, (13) 2 bedroom, (12) 3 bedroom, (2) Studios 

• Assumable loan – 4.16% 

• Class 9 Tax Designation 

• Updated electric/plumbing 

• Renovated units throughout (kitchens & baths)    

• On-site laundry 

• Pin: 20-24-415-014-0000, 20-24-421-018-0000, 21-30-201-026-0000, 21-30-201-027-0000