List Search

7156 S Rhodes Ave/ 7556 S Eberhart Ave
Chicago, IL Chatham

$1,300,000 USD

Multifamily For Sale  •  16,441 SF

2 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 10.76 %
70 Transit Score
80 Walk Score

Highlights

Voucher-backed cash-flow portfolio
The portfolio sits on the 75th Street Renaissance Row corridor, proximate to the University of Chicago and the forthcoming Obama Presidential Center.
Dense mix of locally-owned businesses, community organizations and historic bungalow-lined residential streets
In-place CHA-supported rents at the portfolio average $1,437 — in line with Greater Grand Crossing lease comps at $1,379

Property Flyers

Cap Rate: 10.76 %

Public Transportation

Commuter RailDriveWalkDistance
75Th Street (Grand Crossing) Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 19 min 1.0 mi
79Th St. (Chatham) (Metra Electric - Metra) 2 min - 1.2 mi
Transit/SubwayDriveWalkDistance
79Th Street Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 20 min 1.1 mi
AirportDriveWalkDistance
Chicago Midway International 19 min - 9.7 mi
Chicago O'Hare International 41 min - 26.8 mi
Brian Mond 773-615-2626 33 Realty
Brian Mond 773-615-2626 33 Realty