7635 East End Ave Chicago, IL 60649
- Apartment buildings
- 325,400 SF
Current Use by Public Records
- Apartment buildings
Property Details for 7635 East End Ave
- Property size
- 325,400 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a portfolio of seven apartment buildings located in Chicago, Illinois, within Cook County, zip code 60649. The portfolio comprises a total of 328 units across approximately 325,400 square feet, commanding a compelling asking price of $32,000,000. This translates to a price per square foot of $98.34 and a strong 9.28% capitalization rate. Currently boasting a 92% occupancy rate, the portfolio offers significant potential for future growth and income generation. The buildings are situated at various addresses within the specified zip code, including 7635 S. East End, 7748 S. Essex, 7927 S. Marquette, 6531 S. Lowe, 7625 S. Eat End, 7800 S. Sangamon, and 8056 S. Marshfield. Unit counts vary per building, ranging from 17 to 188 units. The portfolio benefits from assumable debt at a favorable 3.34% interest rate. The buildings have undergone complete gut renovations. This is a rare opportunity to acquire a substantial, well-maintained multifamily portfolio in a prime Chicago location with significant upside potential. Detailed financial information and unit breakdowns are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.5832
- Latitude
- 41.7559
