9335-37 South Chicago Ave Chicago, IL 60617

This stunning three-story red brick building, constructed in 1886, offers a compelling investment opportunity in a rapidly developing area of Chicago. Located at 9335-37 S South Chicago Avenue, this 6-unit apartment building boasts impressive curb appeal with its original Chicago red brick, stone trim, and steel security doors. The property features a well-maintained enclosed rear stairwell/porch, providing convenient access for tenants. Each unit benefits from a private exterior door, enhancing tenant privacy and convenience. Recent improvements include a complete rebuild of both the front and rear porches within the last six years, ensuring long-term structural integrity. The rear yard offers a grassy area, providing tenants with a pleasant outdoor space. Currently, all units are leased, and tenants are responsible for their own utilities, minimizing landlord responsibilities and maximizing rental income. The property's prime location offers easy access to the Lakefront, South Shore, various transportation options, a thriving industrial area, and the Loop, making it highly attractive to a wide range of tenants. This building presents an attractive cap rate for investors seeking a stable and profitable investment in a desirable Chicago neighborhood. The property is listed at $698,000.