7702 S Jeffery Blvd Chicago, IL 60649

Building Details

Year Built

1952

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 in Chicago’s South Shore neighborhood, the property at 7702 S. Jeffery Blvd is a twenty-six unit courtyard building. The South Shore neighborhood has experienced new developments due to its proximity to Lake Michigan and downtown Chicago. The property is located next to Chicago CTA's "Jeffery Jump" bus stop, which provides express service to and from downtown Chicago. The building is comprised of spacious 1Bd/1Ba units featuring an open style layout with natural light. The building has undergone capital improvements, including a new high efficiency boiler, a newer hot water storage tank and a separate hot water boiler, two separate hot water booster pumps for increased water pressure, and an updated R&D boiler control system. Additionally, the building has been rewired and equipped with emergency lighting and improved common area lighting. The property is a stabilized, cash flowing asset.

Key Highlights

• In‑place cap rate exceeding 10% and 18.34% cash return from day one.
• Located in Chicago's South Shore neighborhood, experiencing a resurgence.
• Shares a sidewalk with the Chicago CTA 'Jeffery Jump' bus stop, providing express service to downtown Chicago.

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FAQs

What type of property is this?

Apartment building - 26-unit apartment building in Chicago's South Shore neighborhood.

Where is this apartment building located?

The property is located at 7702 S Jeffery Blvd Chicago, IL.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: In‑place cap rate exceeding 10% and 18.34% cash return from day one.; Located in Chicago's South Shore neighborhood, experiencing a resurgence.; Shares a sidewalk with the Chicago CTA 'Jeffery Jump' bus stop, providing express service to downtown Chicago.