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7250 S Merrill Avenue,  Chicago IL, 60649

Sold Price:
$360,000
Date:02/28/2017
Status: Sold
MLS#: 09238329
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Last Updated: 7/22/2017 11:55 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.
Price
Sold Price:
$360,000
Sold Date:02/28/2017
Cook
09238329
Sold
Listing Information
Property Type: Multi-Family, 3 Story
0.13 Acres 1913 3
Concrete
Concrete Foundation
6 Total
Neighborhood
Room Information
Interior Features
Gas Heat, Forced Air
Exterior / Lot Features
Concrete
Flat, Rubber
50 X 125
MULTI
Driving Directions
Jeffery Ave to 73rd St east to Merrill Ave north to address.
Financial Considerations
20252080400000
$5,705
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60649 has a population of 2,720,546.

The median household income in Chicago, Illinois 60649 is $47,831. The median household income for the surrounding county is $54,828 compared to the national median of $53,482. The median age of people living in Chicago 60649 is 33.4 years.

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