7147 S Jeffery Blvd Chicago, IL 60649

Building Details

Year Built

1925

Listing office Kiser Group a***@kisergroup.com Show Phone

Listing date May 25, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

Located outside Jackson Park in Chicago's South Shore neighborhood, 7147 S. Jeffery is a 38-unit apartment building. The unit mix comprises twenty studios, six 1-bedroom/1-bathroom units, seven 2-bedroom/1-bathroom units, and five 2-bedroom/2-bathroom units. The property is conveniently located next to a Chicago CTA bus stop, offering express service to downtown Chicago. Recent improvements to the building include a modern Weil McClain boiler with R&D control system, an updated roof, 100% copper plumbing, and updated electric (800 amps). The South Shore neighborhood has experienced a resurgence in new developments due to its proximity to Lake Michigan and downtown Chicago, notably with the construction of the Obama Presidential Library. This property offers an investor the opportunity to acquire a stabilized, cash-flowing asset in Chicago's South Shore neighborhood. The property size is 29554 square feet.

Key Highlights

• 10.21% in‑place cap rate and 18.09% cash return offer immediate strong returns.
• Located in Chicago's South Shore neighborhood, experiencing a resurgence.
• Thirty‑eight (38) unit building with a mix of studios, 1‑bedroom, and 2‑bedroom apartments provides diversified income streams.

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FAQs

What type of property is this?

Apartment building - 38-unit apartment building near Jackson Park with strong tenant base.

Where is this apartment building located?

The property is located at 7147 S Jeffery Blvd Chicago, IL.

What is the asking price?

The asking price for this property is $3,300,000.

What are key features of this property?

This property features: 10.21% in‑place cap rate and 18.09% cash return offer immediate strong returns.; Located in Chicago's South Shore neighborhood, experiencing a resurgence.; Thirty‑eight (38) unit building with a mix of studios, 1‑bedroom, and 2‑bedroom apartments provides diversified income streams.