Last Updated: 1/21/2017 9:21 AM
Description for 7250 S Merrill Avenue Chicago, IL 60649
Excellent investment opportunity in the heart of South Shore. This property is a 6-Unit Center-Entrance multifamily building consisting: (3) 3 Bd 1 Ba & (3) 2 Bd 1 Ba. All units have individual utilities including GFA & hot water tanks. Tear-off roof in 2005 & aluminum coated. Electric & plumbing has been updated. Many capital improvements are done and the upside is to increase the below market rents for 10%+ CAP! Offering Memorandum available on request, visit the "Additional Information" link to download the OM with the full financial analysis, and/or feel free to call Listing Agent with any questions.
Gas Heat, None, Forced Air
Exterior / Lot Features
50 X 125
Jeffery Ave to 73rd St east to Merrill Ave north to address.
Listing Price History
Chicago Real Estate
Chicago is located in Illinois. Chicago, Illinois 60649 has a population of 2,702,471.
The median household income in Chicago, Illinois 60649 is $47,408. The median household income for the surrounding county is $54,648 compared to the national median of $53,046. The median age of people living in Chicago 60649 is 33.1 years.
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