Multifamily Housing
11117 South Longwood Drive Chicago, IL 60643
Details & Description
Price: $3,600,000
    SVN Chicago Commercial is pleased to present a stabilized 34-unit multifamily building located in Chicago's south side neighborhood of Beverly. The desirable unit mix consists of (18) 1 bedroom 1 bath, (4) 2 bedroom 1 bath and (12) 3 bedroom, 2 bath units. Recent upgrades include newer boiler, newer aluminum windows (2010), (6) new steel porches, newer roof and tuckpointing (2010) and updated kitchens and baths. There are currently 16 garages with plans for taking down the garages and adding a total of 34 surface parking spaces. The property was built in 1887, is zoned RT-4 and situated on a 36,400 sq.ft. parcel of land. The property is 100% leased with over 50% subsidized tenants.HighlightsDesirable Unit Mix: (18) 1 Bed 1 Bath, (4) 2 Bed 1 Bath; (12) 3 Bed 2 BathNewer Aluminum WindowsNew Steel Porches (6)Close to the Morgan Park 115th St Metra StationPrime Beverly Location
    Listing Agents
    Jeffrey Baasch

    O: 312-676-1873
    M: 312-286-0141
    Jeffrey.baasch@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    11117 South Longwood Drive

    Chicago, IL 60643

    Listing ID: 219470
    • 11117 South Longwood Drive Chicago, IL 60643 | for Sale | Photo 1
    • 11117 South Longwood Drive Chicago, IL 60643 | for Sale | Photo 2
    • 11117 South Longwood Drive Chicago, IL 60643 | for Sale | Photo 3
    11117 South Longwood Drive | for Sale | Thumbnail 1
    11117 South Longwood Drive | for Sale | Thumbnail 2
    11117 South Longwood Drive | for Sale | Thumbnail 3
    Building Size: 26,600 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $135.34
    Land $/SF:
    Price
    $3,600,000
    Description

    SVN Chicago Commercial is pleased to present a stabilized 34-unit multifamily building located in Chicago's south side neighborhood of Beverly. The desirable unit mix consists of (18) 1 bedroom 1 bath, (4) 2 bedroom 1 bath and (12) 3 bedroom, 2 bath units. Recent upgrades include newer boiler, newer aluminum windows (2010), (6) new steel porches, newer roof and tuckpointing (2010) and updated kitchens and baths. There are currently 16 garages with plans for taking down the garages and adding a total of 34 surface parking spaces. The property was built in 1887, is zoned RT-4 and situated on a 36,400 sq.ft. parcel of land. The property is 100% leased with over 50% subsidized tenants.

    Highlights

    Desirable Unit Mix: (18) 1 Bed 1 Bath, (4) 2 Bed 1 Bath; (12) 3 Bed 2 Bath

    Newer Aluminum Windows

    New Steel Porches (6)

    Close to the Morgan Park 115th St Metra Station

    Prime Beverly Location

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 11117 South Longwood Drive Chicago, IL 60643

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population21,323188,740454,370
    Population Median Age414039
    Population by Age0-9 Yrs2359 (11%)21795 (11%)56424 (12%)
    10-19 Yrs3117 (14%)26095 (13%)61893 (13%)
    20-29 Yrs1950 (9%)23881 (12%)59855 (13%)
    30-39 Yrs2486 (11%)22346 (11%)55259 (12%)
    40-49 Yrs2573 (12%)23889 (12%)56646 (12%)
    50-59 Yrs3225 (15%)27197 (14%)63909 (14%)
    60-69 Yrs3168 (14%)22544 (11%)52336 (11%)
    70+ Yrs2444 (11%)20992 (11%)48049 (10%)
    Median HH Income$67,799$58,353$51,169
    Total Household Income< 24K1596 (19%)15491 (22%)43722 (26%)
    25-49K1683 (20%)14486 (21%)37896 (22%)
    50-74K1247 (15%)10831 (15%)27843 (16%)
    75-99K916 (11%)8305 (12%)19654 (11%)
    100-199K2063 (25%)15127 (22%)31139 (18%)
    200K+724 (8%)3588 (5%)5831 (3%)
    Highest Education LevelNo Diploma11061399037959
    Diploma or GED30303256683746
    Some College33903476883668
    Assoc. Degree12111044126337
    Bachelors Degree32032131145252
    Higher Degree27851550728696
    Total Housing Units9,10277,153190,270
    --Owner-Occupied5,56646,266104,041
    --Renter-Occupied2,66321,56262,043
    Owner-Occupied Values< 100K957908822665
    100-199K13241938248166
    200-299K16101012222300
    300-399K98346146861
    400-499K36116652057
    500K+33113941992
    Total Working Age Population16,899151,272360,139
    In Work Force10,38092,692219,444
    Not In Work Force6,51958,580140,695
    Workforce Employed9,40281,972192,154
    Workforce Unemployed97810,69727,223
    Civlian Workforce10,38092,669219,377
    Military Workforce02367
    Total Households8,22967,827166,085
    Family Households5,06143,772104,362
    Non-Family Households3,16924,05561,723
    Married Couple2,94024,51353,953
    Other Family2,12119,25950,409
    Married w/Child1,2899,72320,967
    Single Male w/Child891,1373,484
    Single Female w/Child6295,63916,582

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    Will County502,266+35677,560+34907,625+201,093,207

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 11117 South Longwood Drive in Chicago?
    The asking price for 11117 South Longwood Drive is $3,600,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 11117 South Longwood Drive in Chicago is 26,600 square feet
    What is the population within 1 mile of 11117 South Longwood Drive in Chicago?
    The population within 1 mile of 11117 South Longwood Drive Chicago, IL 60643 is 21,323 people.
    Who do I contact for questions about 11117 South Longwood Drive?
    You should contact the listing agent, Jeffrey Baasch, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 8
    Chicago O'Hare International Airport (ORD) 23
    South Bend Regional Airport (SBN) 70
    Price
    $3,600,000
    Listing Agent
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