6800 S Paxton Ave
- Comprised of (9) 3-Bd/1Ba Units and (3) 2-Bd/1Ba Units
- Significant Value Add Opportunity
- 2 Beds averaging $1,084 and 3 Beds averaging $1,228
- Prime Location Just Blocks Away From Lake Michigan and Jackson Park Golf Course
Property Description
Essex Realty Group Inc. has been exclusively engaged to market for sale 6800 S Paxton Ave, a 12-unit, walk-up multifamily building. 6800 S Paxton is located in the South Shore neighborhood of Chicago’s South Side and just steps away from Lake Michigan and Jackson Park. The subject property is a (3) story walkup building consisting of three (3) two bedroom / one bathroom and nine (9) three bedroom / one bathroom apartments. The building is 100% occupied, secured entry ways, favorable unit mix, and in a prime South Shore pocket. This value add opportunity is an excellent investment for a multifamily investor to expand their portfolio.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $740,000 |
| No. of Units: | 12 |
| Year Built: | 1924 |
| Lot Size: | 0.18 Acres |
| Opportunity Zone: | No |
| Price per unit: | $61,667 |
| Property Website | Click Here |
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Brokers
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Remax Professionals
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Jared Ennis
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Rick Recckio
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Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout