Three-Story 27-Unit Apartment
For Sale
Contact for pricing
7548 S Colfax Ave, Chicago, IL 60649
Three-story, 27-unit multifamily building with 2- and 3-bedroom apartments featuring hardwood floors.
Property SizeContact for details
Days on Market122
Property Features for 7548 S Colfax Ave
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Tyler Deroo
Listed By:
Tyler DeRoo · License #471020175
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 6:07AM
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 Tyler Deroo
Investment Insights
Based on property information with market context.
7548 S Colfax is a three-story apartment building comprising 27 units. The unit mix includes 8 two-bedroom units and 19 three-bedroom units. Many units are described as having hardwood floors, with stainless steel appliances and granite countertops noted in most units. The property is also described as having boiler heat and hardwood and tile finishes throughout.
The building is offered for sale in South Shore, with 33% occupancy reported. The seller notes that unit turns are frequent, and the property will require bridge/hard money or cash to complete the assignment.
Additional details are available upon request from the broker, including further information on the current leasing and unit condition.
The building is offered for sale in South Shore, with 33% occupancy reported. The seller notes that unit turns are frequent, and the property will require bridge/hard money or cash to complete the assignment.
Additional details are available upon request from the broker, including further information on the current leasing and unit condition.
Key Highlights
- Three‑story 27‑unit apartment building with 8 two‑bedroom and 19 three‑bedroom units
- Most units feature stainless steel appliances and granite countertops
- Hardwood floors throughout, with tile flooring as well
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,155
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 - Three-story, 27-unit multifamily building with 2- and 3-bedroom apartments featuring hardwood floors.
Where is this apartment building located?
The property is located at 7548 S Colfax Ave Chicago, IL.
What are key features of this property?
This property features: Three‑story 27‑unit apartment building with 8 two‑bedroom and 19 three‑bedroom units; Most units feature stainless steel appliances and granite countertops; Hardwood floors throughout, with tile flooring as well
