Chicago, IL 60617 7950 S Exchange Avenue # 7950-7952
$357,500
Presented By: Better Homes & Gardens Real Estate
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 20,000
Garage • 4
Home Details
Updated 9 Unit Apartment building in the South Shore/South Chicago Neighborhood, sits on 2 parcels. 7950-7952 Exchange, this building is a just a few miles South of the South Shore Golf Course ( Future Home Of Tiger Woods Designed Championship Golf Course. Also Close by is the University of Chicago, Large cash flow with 8 of the 9 units rented. 3 Office units, (2) 2 Bedrooms, (1) 3 Bedroom 2 bath, (2) 1 Bedrooms. Plus (1) 3 Bedroom 2 Bath Coach House with a 3-Possibly 4 car garage. Plenty of Parking for tenants and Offices. The Coach House is a 3 Bdrm and now is gutted and ready for Renovation. The Main Building has been fully renovated. Appraised at 470K Out of Town Seller. Priced for a Quick Closing.
Presented By: Better Homes & Gardens Real Estate
General for 7950 S Exchange Avenue # 7950-7952
Additional Parcels Y/NNo
CityChicago
ContingencyOther Contingency
CoolingCentral Individual
CountyCook
Days on Market1
Directions79th S Exchange Ave. South on Exchange to NW corner of 80th st. and Exchange, property on the right.
ElectricService - 101 to 200 Amps
Electric Expense817
Fuel Expense5328
Gross Income74376
Insurance Expense5756
Lot Size Square Feet11904
MLS AreaCHI - South Chicago
Net Operating Income46631
NumberOfUnitsTotal9
Operating Expense27745
PossessionClosing
Property SubTypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories1
Tax Annual Amount11785
Tax Year2023
Tenant PaysElectricity
TownshipHyde Park
Trash Expense1512
Unit Number7950-7952
UtilitiesElectric to Site, Gas to Site
Water Sewer Expense2267
Year Built1928
ZoningCOMMR
Exterior for 7950 S Exchange Avenue # 7950-7952
Building Area Total20000
Lot Dimensions100X125
Additional Details
Price History
