7133-35 S. East End is a 6 unit Multifamily building in the heart of South Shore.The building consists of six (6) large 3 Bedroom / 1 Bath units that are ~1300 sf with 7 rooms. There are approximately six parking spaces available for additional income. The asset gives an opportunity for a qualified investor to purchase a well located property with an in-place CAP Rate of 10.1%, but with some minor cosmetic updating, then this value-add opportunity can achieve a CAP Rate near 13% and Cash-on-Cash return near 35%. **NOTE** This property and 2046 E. 73rd St. can be purchased as a package deal; both in South Shore and just a few blocks from each other. The package deal gives an investor a great unit mix of (6) 3bds and (6) 2bds. Call broker for more information and Offering Memorandums are available upon request.
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Property Details
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Listing History
01-04-2018
Listed at $450,000
02-14-2018
Price decreased by $30,000 to $420,000
04-09-2018
Status changed to Under Contract
05-03-2018
Status changed to Expired
05-03-2018
Status changed to Active
06-12-2018
Price decreased by $25,000 to $395,000
06-27-2018
Status changed to Under Contract
07-27-2018
Status changed to Closed
07-27-2018
Sold at $355,000
Last Modified 7/27/18 12:03 PM
Nearby Transportation
Bus 71
0.1 mi
Bus 28
0.1 mi
Bus 15
0.4 mi
Bus 5
0.4 mi
Bus 95
0.4 mi
Bus J14
0.4 mi
Bus 75
0.4 mi
Bus 67
0.6 mi
Bus 6
0.6 mi
Bus 26
0.7 mi
Bus 30
0.7 mi
Bus 79
0.9 mi
Bus 63
1.0 mi
Bus 4
1.1 mi
Metra Electric
0.2 mi
I 90 East
0.6 mi
I 94 West
2.1 mi
I 94 East
2.2 mi
I 90 West
2.6 mi
Hwy 57
4.1 mi
Hwy 57
4.6 mi
For More Information
(312) 528-9200
For more information about 7135 S East End, Chicago, IL 60649 contact Corcoran Urban Real Estate.
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Listing provided by Sperry Van Ness
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.