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33 Properties Within 0.5 miles of: 7200 S Bennett, Chicago

7200 S Bennett
Chicago, IL 60649

  • Built In 1922
Price

$2,530,000

Est Payment
$16,327 / month (details)  
Taxes
$31,556  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
135' X 147'  
Built
1922  
Neighborhood
South Shore  
MLS
#11975307
Status
Expired

Property Description

iser Group is pleased to exclusively present for purchase 7200 S. Bennett, a twenty-eight (28) unit building located in Chicago's historic South Shore neighborhood. Situated in a premier location in one of Chicago's most rapidly appreciating neighborhoods, the asset is ideally located just blocks away from the Obama Presidential Library, Jackson Park, and Lake Michigan. 7200 S. Bennett is comprised of twenty-five (25) 2Bd/1Ba & three (3) 1Bd/1Ba units, all of which feature spacious floorplans with hardwood floors and varying degrees of cosmetic updates. Recent improvements to the buildings include, but are not limited to, modern Weil-McLain Boiler with R&D control system, updated kitchens & baths, newer porches, and an abundance of tuckpointing & masonry work. 7200 S. Bennett provides an investor with the unique opportunity to obtain a stabilized, cash-flowing asset in one of South Sides most appreciating neighborhoods. From day one, an investor will realize an in-place cap rate of 9.27% and a cash return of just over 14%. With new projects such as the Obama Presidential Library and the Thrive Exchange development, investors can anticipate an influx of vibrancy and appreciation to the neighborhood

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-06-2024 Listed at $2,530,000
04-08-2024 Status changed to Expired
Last Modified 4/8/24 12:05 AM

Nearby Transportation

  • Bus 71 0.1 mi
  • Bus 15 0.2 mi
  • Bus 5 0.2 mi
  • Bus 95 0.2 mi
  • Bus J14 0.2 mi
  • Bus 28 0.3 mi
  • Bus 75 0.4 mi
  • Bus 67 0.6 mi
  • Bus 6 0.6 mi
  • Bus 26 0.7 mi
  • Bus 30 0.8 mi
  • Bus 79 0.9 mi
  • Bus 63 1.1 mi
  • Metra Electric 0.2 mi
  • I 90 East 0.7 mi
  • I 94 West 2.3 mi
  • I 94 East 2.4 mi
  • I 90 West 2.8 mi
  • Hwy 57 4.1 mi
  • Hwy 57 4.7 mi
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