Renovated Multifamily Portfolio
For Sale
Contact for pricing
Pending
7001 S Clyde, Chicago, IL 60649
Two gut-renovated apartment buildings total 36 units, with on-site laundry and tenant parking at one building.
Property SizeContact for details
Days on Market149
Property Features for 7001 S Clyde
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Cap Rate
9%
Multifamily Units
36
Amenities
on-site laundry facilities
Listing Agency:
Kiser Group
Listed By:
Aaron Sklar · License #IL 475161507
(773) 293-5032
Source:
Crexi
Added: Apr 11
Changed: Aug 25
Last Checked: Sep 4 at 2:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group
Investment Insights
Based on property information with market context.
This for-sale multifamily portfolio includes two apartment buildings: 7001 S. Clyde and 7674 S. South Shore Drive. Combined, the buildings offer 36 residential units with desirable unit mixes across one-, two-, and three-bedroom floorplans. The properties have been gut-renovated and are professionally managed, with updated interiors featuring updated appliances, granite countertops, updated and resurfaced hardwood floors, and updated bathrooms.
Both buildings include on-site laundry facilities. In addition, 7674 S. South Shore Drive features a parking lot for tenants.
The portfolio has existing fixed-rate debt that will need to be assumed through Freddie Mac. The provided terms indicate a remaining balance of $2.5 million at a fixed monthly rate of 4.89%.
Both buildings include on-site laundry facilities. In addition, 7674 S. South Shore Drive features a parking lot for tenants.
The portfolio has existing fixed-rate debt that will need to be assumed through Freddie Mac. The provided terms indicate a remaining balance of $2.5 million at a fixed monthly rate of 4.89%.
Key Highlights
- Two‑building apartment portfolio with 36 total units: 7001 S. Clyde and 7674 S. South Shore Drive.
- Unit mix includes 7001 S. Clyde: 13 two‑bedroom/1‑bath, 7 three‑bedroom/1‑bath, and 1 one‑bedroom/1‑bath.
- Unit mix includes 7674 S. South Shore Drive: 6 one‑bedroom/1‑bath and 9 two‑bedroom/1‑bath.
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
1,201
Businesses Nearby
Explore this area
Business Placement
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two gut-renovated apartment buildings total 36 units, with on-site laundry and tenant parking at one building.
Where is this apartment building located?
The property is located at 7001 S Clyde Chicago, IL.
What are key features of this property?
This property features: Two‑building apartment portfolio with 36 total units: 7001 S. Clyde and 7674 S. South Shore Drive.; Unit mix includes 7001 S. Clyde: 13 two‑bedroom/1‑bath, 7 three‑bedroom/1‑bath, and 1 one‑bedroom/1‑bath.; Unit mix includes 7674 S. South Shore Drive: 6 one‑bedroom/1‑bath and 9 two‑bedroom/1‑bath.
