7950 S Exchange
Mixed Use Building Sale
7950 S Exchange Ave Chicago IL 60617
$624,500
List Price
7.60 %
Cap Rate
8.40
GRM
9
Number of Units
Unit Mix
  • 3 Office Units
  • 5 Residential Apartments
  • 1 Couch House
  • Great low-rise mixed unit building for sale. Sale includes additional lot. Rent escalation potential. This mixed-use building is nearby the newly approved $126 million in projects. The developments covering housing, community services and historic renovations are part of the mayor’s Invest South/West program for equitable investment.
Chicago's South Side
  • The South Side is the area of Chicago, Illinois, U.S. It lies south of the city's Loop area in the downtown. Geographically, it is the largest of the three Sides of the city that radiate from downtown-the other Sides of the city being the North Side and the West Side. The South Side is home to many official landmarks and other notable buildings and structures. It hosts three of the four Chicago Registered Historic Places from the original October 15, 1966 National Register of Historic Places list (Chicago Pile-1, Robie House and Lorado Taft Midway Studios). The South Side has several landmark districts including two in Barack Obama's Kenwood community area: Kenwood District, North Kenwood District and (partially) Hyde Park-Kenwood Historic District. The South Side hosts the Museum of Science and Industry,[84] located in the Palace of Fine Arts, one of the few remaining buildings from the 1893 World's Columbian Exposition, which was hosted in South Side. - Wikipedia
FOR MORE DETAILS CONTACT
Dion DePaoli
Principal / Managing Broker
(219) 281-2510
dion@altus-realty.com
Lic: RB16001279
Kelley Wontorski
Listing Agent
(219) 775-2891
kelleyadvancedrealestate@gmail.com