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7847-7853 S Essex Ave
Chicago, IL 60649 South Shore

$489,999 USD

Apartments For Sale  •  20,000 SF

Property Details

• Property Type Apartments
• Total Building Size 20,000 SF
• Lot Size 0.31 AC
• Building Class C
• Year Built 1926
• Zoning B3-2

68 Transit Score

73 Walk Score

Highlights

Professional Offering Memorandum available upon request

Rare opportunity to acquire a fully vacant property in need of a complete gut renovation

$18k/Unit

Projected 23.4% cash-on-cash return after renovations

Located within walking distance to the 79th street South Shore Metra Electric Line stop

Amenities

• 24 Hour Access
• Controlled Access

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cheltenham Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	1 min	13 min	0.7 mi
Windsor Park Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Chicago Midway International	22 min	-	11.0 mi
Chicago O'Hare International	69 min	-	32.7 mi