2205 East 87th Street

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Address: 2205 East 87th Street, Chicago, Illinois, US
Created date: February 15, 2024
Date last updated: February 15, 2024
  • Newer Roof
  • Newly Paved and Stripped Parking
  • Corner Location
  • Easy Access to Downtown via the Chicago Skyway

Property Description

Real Realty is pleased to offer this 10-unit apartment building for sale located off of 87th Street in the Avalon Park neighborhood. The property consists of 6 - one-bedrooms and 4 - two-bedroom units. Newer improvements consist of a newer roof, parking lot for 5 cars, and various in unit renovations. The average rent at the property is $762. The market average for similar properties is over $900. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $650,000
No. of Units: 10
Year Built: 1968
Lot Size: 7,125.00 Sq ft
Opportunity Zone: No
Price per unit: $65,000
Property Website Click Here
Address: 2205 E 87th St, Chicago, IL 60617, USA
Provided by:

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