Aaron Sklar
This listing was posted on RealtyWW.
$1,200,000
Home For Sale In Chicago, Illinois
Price:
$1,200,000
BR/BA:
2 BR, 2 BA
Location:
6947 S Jeffery Blvd, Chicago, IL
Description:
6749 S. Jeffery is a twelve (12) unit walk-up on one of Jackson Park's premier boulevards. The asset is ideally situated directly off the Lake Shore Drive's Jeffery exit, and it's nestled in the heart of Chicago's Jackson Park just blocks away from the developing Obama Presidential Library. Furthermore, 6947 S. Jeffery sits just two (2) blocks south of the Jackson Park Golf Course and is just walking distance from the Lakefront Trail on 67th Street. 6947 S. Jeffery has a unique unit composition which currently includes both one bedroom and two bedroom units. Of the twelve (12) existing units, there are nine (9) 1b/1ba units and three (3) 2b/1ba units. Eleven (11) of the which, however, feature updated flooring, newer kitchens and baths along with stone countertops, and are equipped with modern, stainless steel appliances. The remaining unit, however, has long term renters and has not been modernized within the past seven years. Recent improvements to the building consist of, but not limited to: individual and separate furnaces, updated copper plumbing, newer windows, an updated roof, steel porches, and an efficient hot water boiler. 6947 S. Jeffery presents an incredibly unique opportunity to acquire a property on Chicago's premier Jeffery Boulevard. With the area ever improving, coupled with the finite amount of assets located between 67th Street and 71st, the building is poised for additional and future growth and appreciation. Furthermore, the asset provides a new owner immediate cash flow from day one, and an incredible value add proposition by updating the remaining units as tenants move out, further improving the cap rate significantly.For more details: https://realtyww.info/homes_chicago-d523258/for-sale_i71863331
Property Type:
Single-Family Houses
Posted:
May 15 on RealtyWW
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More About this Listing: Home For Sale In Chicago, Illinois
Home For Sale In Chicago, Illinois is a Two Bedroom Two Bath Single-Family Homes for Sale at 6947 S Jeffery Blvd in Chicago IL. Find other listings like Home For Sale In Chicago, Illinois and listings near 6947 S Jeffery Blvd by searching Oodle Classifieds for Two Bedroom Two Bath Single-Family Homes for Sale in Chicago IL.
Home For Sale In Chicago, Illinois is a Two Bedroom Two Bath Single-Family Homes for Sale at 6947 S Jeffery Blvd in Chicago IL. Find other listings like Home For Sale In Chicago, Illinois and listings near 6947 S Jeffery Blvd by searching Oodle Classifieds for Two Bedroom Two Bath Single-Family Homes for Sale in Chicago IL.