7704-7706 South Emerald Avenue

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Address: 7704 S Emerald Ave, Chicago, IL 60620, USA
Created date: August 15, 2024
Date last updated: October 9, 2024
  • Opportunity to bring rents to market without renovations
  • 30-minute commute to downtown Chicago
  • Three-story building
  • Mix of 1’s
  • Situated three blocks from Grand Crossing Park
  • Within a 45-minute drive to Midway Airport
  • Coin Operated Laundry
  • Within a half mile of Gresham Metra stop
  • Conveniently located near I-90/94
  • within a half mile of Foster Park
  • Greater Auburn Gresham Area

Property Description

33 Realty is pleased to offer a prime investment opportunity at 7704-7706 South Emerald Avenue, located in the Auburn Gresham neighborhood of Chicago. This well-positioned property features 14 one-bedroom, one-bathroom units, each designed for comfortable living. The building is ideally situated with easy access to the bustling retail thoroughfare along Halsted and is in close proximity to the Metra Gresham stop, ensuring convenient transit options for residents. The building benefits from strong in-place cash flow, making it an attractive option for investors. With its strategic location and stable rental income, this building presents a promising opportunity for those looking to expand their investment portfolio. The Auburn Gresham area, known for its rich history and active community, adds further value to this exceptional investment.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,100,000
No. of Units: 14
Opportunity Zone: No
Price per unit: $78,571
Property Website Click Here
Address: 7704-7706 South Emerald Avenue, Chicago, IL 60620, USA
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