Active · For Sale · Multi Family 5+

8602 S Euclid Avenue, Chicago, IL 60617

MLS #12759845

8602 S Euclid Avenue, Chicago, IL 60617
8602 S Euclid Avenue, Chicago, IL 60617CRER
8602 S Euclid Avenue, Chicago, IL 60617

Start a conversation

Inquire about this property

8602 S Euclid Avenue, Chicago, IL 60617

Property inquiry details

By submitting, you agree to the CRER privacy policy.

The property

Executive summary

Proud to present 8602 S. Euclid, a yellow brick Tudor style 19 unit building located in the desirable south side neighborhoods of Avalon Park/Calumet Heights. All units are large 1bd's with separate dining rooms. Recent improvements include tear off shingle roof on Euclid side (2021), sealed flat roof (2024), insulated roof cavity throughout (2019), new insulated hot water main (2018), efficient steam boiler (2019), common area carpet (2022), painted stairwells, common area carpet in front and refinished steps and landings in rear stairwells, new electrical fixtures in front and rear stairwells, security cameras, security cameras (2020). Strong in place income of over 270k with room for growth. Quiet residential street but close to highway, parks and Lake Michigan

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$275,700
Reported Annual Expenses
$106,188
Estimated NOI
$169,512
Estimated Cap Rate
8.81%
Estimated GRM
6.98
Annual Taxes
$26,717 (2025)

Property Details

Units
19
Building Size
12,000 SF
Lot Size
7,805 SF
Lot Dimensions
125x63
Stories
3
Year Built
1960
Building Age
36-50 Years
Construction
Brick
Roof
Flat, Rubber
Zoning
MULTI
Parcel Number
20363300170000

Operations & Utilities

Heating
Central Bldg Heat
Cooling
None
Tenant Pays
Electricity
Electric
Circuit Breakers
Utilities
Water Available
Possession
Closing
Documents Available
Rent Roll, Leases

Location & Use

County
Cook
Market Area
Chicago - Avalon Park
Township
Hyde Park
Present Use
Multi-Family
Potential Use
Multi-Family
Frontage
City Street

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.