Courtyard Apartment
For Sale
$3,050,000
7115 S East End Ave, Chicago, IL 60649
Fully gut-renovated one- and two-bedroom units in a courtyard apartment building.
Days on Market60
Property Features for 7115 S East End Ave
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
Nineteen (19) 2Bd/1Ba, Twelve 1Bd/1Ba Units
Multifamily Units
31
Additional Details
Cap Rate
9%
Amenities
courtyard
Building Details
Building Size
26,274 SF
Year Built
1925
Listing Agency:
(630) 209-3622
Listed By:
Noah Birk · License #ILLINOIS #475125864
(630) 209-3622
Source:
Kisergroup
Added: Jun 2
Changed: Jul 30
Last Checked: Jul 30 at 6:10PM
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 Noah Birk
Investment Insights
Based on property information with market context.
This courtyard apartment building offers 31 units, with 19 two-bedroom 1-bath homes and 12 one-bedroom 1-bath homes. All units are described as completely gut renovated, with modern kitchens and baths featuring granite countertops and stainless steel appliances. The property was built in 1925.
The transaction is for sale, and the available financing structure includes an assumable debt component with a stated 3.85% interest rate. The loan balance is noted as assumable, with maturity on 1/1/2032. The offering remarks also reference a 9% cap rate.
Overall, the building presents a courtyard layout with a unit mix spanning one- and two-bedroom floorplans, supported by renovation upgrades to kitchen and bath finishes and appliances.
The transaction is for sale, and the available financing structure includes an assumable debt component with a stated 3.85% interest rate. The loan balance is noted as assumable, with maturity on 1/1/2032. The offering remarks also reference a 9% cap rate.
Overall, the building presents a courtyard layout with a unit mix spanning one- and two-bedroom floorplans, supported by renovation upgrades to kitchen and bath finishes and appliances.
Key Highlights
- 31‑unit courtyard apartment building
- 19 two‑bedroom 1‑bath units and 12 one‑bedroom 1‑bath units
- Completely gut renovated with modern kitchens and baths
Property Analytics
Property Profile
Current Use
Lease Details
31
Residential units
Location Intelligence
Trade Area within ½ mile
1,337
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 - Fully gut-renovated one- and two-bedroom units in a courtyard apartment building.
Where is this apartment building located?
The property is located at 7115 S East End Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: 31‑unit courtyard apartment building; 19 two‑bedroom 1‑bath units and 12 one‑bedroom 1‑bath units; Completely gut renovated with modern kitchens and baths