Mixed-Use Building with Street
For Sale
Contact for pricing
Pending
7100 S Jeffery Blvd, Chicago, IL 60649
56-unit mixed-use property with street-level retail units and a roof-mounted billboard.
Property SizeContact for details
Days on Market150
Property Features for 7100 S Jeffery Blvd
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily
Occupancy
100%
Additional Details
Cap Rate
7.94%
Multifamily Units
46
Listing Agency:
First In Realty, Inc
Listed By:
Mark Mielnicki · License #IL
(773) 779-3473
Source:
Crexi
Added: Apr 11
Changed: Aug 23
Last Checked: Sep 7 at 6:09AM
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 First In Realty, Inc
Investment Insights
Based on property information with market context.
This 56-unit mixed-use building includes 46 residential units made up of 15 studio units, 28 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit. The property also has 9 street-level commercial retail units and a roof-mounted billboard on a 10-year term with 8+ years remaining. The investment is described as having most major mechanicals replaced within the past ten years.
Located on the hard-corner of 71st and Jeffery Boulevard, the site is adjacent to Metra’s Electric Line and Jeffery Plaza, a grocery-anchored community center that includes Local Market, Walgreens, Chase Bank, Domino’s Pizza, and Subway. The area is also described as being near South Shore Cultural Center, Jackson Park, and the future Barack Obama Presidential Center.
The property is presented for sale as an income-producing asset that has historically maintained near 100% occupancy rates and is described as being family-owned long term. Financing is also noted as potentially assumable for qualified purchasers, with a 10-year term mortgage and 30-year amortization.
Located on the hard-corner of 71st and Jeffery Boulevard, the site is adjacent to Metra’s Electric Line and Jeffery Plaza, a grocery-anchored community center that includes Local Market, Walgreens, Chase Bank, Domino’s Pizza, and Subway. The area is also described as being near South Shore Cultural Center, Jackson Park, and the future Barack Obama Presidential Center.
The property is presented for sale as an income-producing asset that has historically maintained near 100% occupancy rates and is described as being family-owned long term. Financing is also noted as potentially assumable for qualified purchasers, with a 10-year term mortgage and 30-year amortization.
Key Highlights
- 56‑unit mixed‑use investment on the hard‑corner of 71st St and Jeffery Blvd in Chicago’s South Shore
- 46 residential units: 15 studios, 28 one‑bedrooms, 1 two‑bedroom, 1 three‑bedroom; plus 9 street‑level retail units
- Roof‑mounted billboard on a 10‑year term with 8+ years remaining
Property Analytics
Current Use
Lease Details
46
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,611
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
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Frequently Asked Questions
What type of property is this?
Apartment building - 56-unit mixed-use property with street-level retail units and a roof-mounted billboard.
Where is this apartment building located?
The property is located at 7100 S Jeffery Blvd Chicago, IL.
What are key features of this property?
This property features: 56‑unit mixed‑use investment on the hard‑corner of 71st St and Jeffery Blvd in Chicago’s South Shore; 46 residential units: 15 studios, 28 one‑bedrooms, 1 two‑bedroom, 1 three‑bedroom; plus 9 street‑level retail units; Roof‑mounted billboard on a 10‑year term with 8+ years remaining
