Cheltenham Apartments 3008 E Cheltenham Pl 38 Unit Apartment Building $4,173,013 CAD ($109,816 CAD/Unit) Chicago, IL 60649
INVESTMENT HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Opportunity for Investor to Raise Currently Below Market Rents
- One Block From ME Orange Line Station
- Mix of Studio, One and Two Bedroom Units
- Individually Furnaced, Tenants Pay Heat
- Close Proximity to Rainbow Beach and Proposed $9 Billion PsiQuantum Computing Campus
EXECUTIVE SUMMARY
Essex Realty Group, Inc. has been exclusively engaged to market for sale 3008 E Cheltenham Pl, a 38-unit multifamily property located in Chicago's South Shore neighborhood.
PROPERTY FACTS
| Price | $4,173,013 CAD |
| Price Per Unit | $109,816 CAD |
| Sale Type | Investment |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 33,200 SF |
| No. Stories | 7 |
| Year Built | 1927 |
UNIT AMENITIES
- Air Conditioning
- Heating
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Trash Pickup - Door to Door
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | 553 |
| 1+1 | 20 | - | 829 |
| 2+1 | 12 | - | 1,106 |
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PROPERTY TAXES
| Parcel Number | 21-30-411-018-0000 | Improvements Assessment | $389,062 CAD |
| Land Assessment | $9,389 CAD | Total Assessment | $398,451 CAD |
ZONING
| Zoning Code | R-4, Chicago (Residential) |
