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7253 S Evans Avenue,  Chicago IL, 60619

(Active)
$849,000
|
|
MLS# 10456107
1of
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Last Updated: 9/21/2019 11:05 PM
Description for 7253 S Evans Avenue Chicago, IL 60619
Masonry, corner, 3-story, 18-unit walk-up building located in the Park Manor neighborhood on Chicago's south side. There is a small rear courtyard area which contains a newer wooden porch system, a small, grassy yard and gated area with space to park two vehicles. There are there basement areas which are accessed via the rear courtyard. The basement areas house the building's central hot water tank and central boiler system, gas and electric meters, as well as storage. The unit mix is as follows: 9 One bedroom/One bathroom Units; 7 Two bedroom/One bathroom Units; 2 Three bedroom/One bathroom Units; The property was acquired by ownership as part of a 6-building portfolio in December-2018. It is currently 89% occupied. Management has not been aggressively raising rents since acquisition and there is tremendous upside potential with these below-market rents.
Price
$849,000
Cook
10456107
Active
Description
Masonry, corner, 3-story, 18-unit walk-up building located in the Park Manor neighborhood on Chicago's south side. There is a small rear courtyard area which contains a newer wooden porch system, a small, grassy yard and gated area with space to park two vehicles. There are there basement areas which are accessed via the rear courtyard. The basement areas house the building's central hot water tank and central boiler system, gas and electric meters, as well as storage. The unit mix is as follows: 9 One bedroom/One bathroom Units; 7 Two bedroom/One bathroom Units; 2 Three bedroom/One bathroom Units; The property was acquired by ownership as part of a 6-building portfolio in December-2018. It is currently 89% occupied. Management has not been aggressively raising rents since acquisition and there is tremendous upside potential with these below-market rents.
Listing Information
Property Type: Multi-Family, 3 Story
0.21 Acres 3
Neighborhood
Room Information
Interior Features
Central Air
Gas Heat, Steam, Radiators
3
Exterior / Lot Features
None
125*75
MULTI
Driving Directions
72nd Street East to Evans Avenue South to Property
Financial Considerations
20272150170000
Listing Price History
sourceMLS

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60619 has a population of 2,744,016.

The median household income in Chicago, Illinois 60619 is $30,594. The median household income for the surrounding county is $49,964 compared to the national median of $49,877. The median age of people living in Chicago 60619 is 37 years.

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Courtesy: Atlas Asset Management Realty LLC
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