Multifamily Housing
7024 South Paxton Avenue Chicago, IL 60649
Details & Description
Price: $1,550,000
    SVN Chicago Commercial is pleased to present an 25-unit multifamily property located in Chicago's south side neighborhood of Jackson Park Highlands. The building, located in a qualified opportunity zone, is subject to preferential tax treatment and includes [3] 1 bedroom, [15] 2 bedroom, and [7] 3 bedroom, 1 bath units. Recent improvements include a new boiler in 2006 and aluminum windows. The property, built in 1926, is zoned RM-5 and situated on a 13,860 sqft. parcel of land.HighlightsDesirable Unit Mix: [15] 2 Bedroom, 1 Bath, [7] 3 Bedroom, 1 BathNewer Aluminum WindowsQualified Opportunity ZoneProximity to Public Transportation
    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.

    7024 South Paxton Avenue

    Chicago, IL 60649

    Jackson Park Highlands 25-Unit Multifa

    Listing ID: 219476
    • 7024 South Paxton Avenue Chicago, IL 60649 | for Sale | Photo 1
    • 7024 South Paxton Avenue Chicago, IL 60649 | for Sale | Photo 2
    • 7024 South Paxton Avenue Chicago, IL 60649 | for Sale | Photo 3
    7024 South Paxton Avenue | for Sale | Thumbnail 1
    7024 South Paxton Avenue | for Sale | Thumbnail 2
    7024 South Paxton Avenue | for Sale | Thumbnail 3
    Building Size: 21,650 SF
    Lot Size: 0.318 AC
    Land Size: 13,860 SF
    Building $/SF: $71.59
    Land $/SF: $111.83
    Price
    $1,550,000
    Description

    SVN Chicago Commercial is pleased to present an 25-unit multifamily property located in Chicago's south side neighborhood of Jackson Park Highlands. The building, located in a qualified opportunity zone, is subject to preferential tax treatment and includes [3] 1 bedroom, [15] 2 bedroom, and [7] 3 bedroom, 1 bath units. Recent improvements include a new boiler in 2006 and aluminum windows. The property, built in 1926, is zoned RM-5 and situated on a 13,860 sqft. parcel of land.

    Highlights

    Desirable Unit Mix: [15] 2 Bedroom, 1 Bath, [7] 3 Bedroom, 1 Bath

    Newer Aluminum Windows

    Qualified Opportunity Zone

    Proximity to Public Transportation

    Attachments & Files

    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 7024 South Paxton Avenue Chicago, IL 60649

    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 Population45,684248,960465,126
    Population Median Age393838
    Population by Age0-9 Yrs5475 (11%)26830 (10%)55163 (11%)
    10-19 Yrs5182 (11%)29049 (11%)59079 (12%)
    20-29 Yrs6882 (15%)46822 (18%)78104 (16%)
    30-39 Yrs6973 (15%)34896 (14%)61529 (13%)
    40-49 Yrs5914 (12%)28654 (11%)54689 (11%)
    50-59 Yrs5355 (11%)29485 (11%)57441 (12%)
    60-69 Yrs5745 (12%)28504 (11%)51469 (11%)
    70+ Yrs4159 (9%)24721 (9%)47652 (10%)
    Median HH Income$30,376$37,787$36,247
    Total Household Income< 24K9896 (44%)42414 (37%)76697 (38%)
    25-49K4971 (22%)25190 (22%)45794 (22%)
    50-74K2958 (13%)16105 (14%)28595 (14%)
    75-99K1448 (6%)10971 (9%)18685 (9%)
    100-199K2255 (10%)15357 (13%)24995 (12%)
    200K+522 (2%)4055 (3%)5838 (2%)
    Highest Education LevelNo Diploma31211716640313
    Diploma or GED76953795379199
    Some College94544086577117
    Assoc. Degree29651227122828
    Bachelors Degree47512965448482
    Higher Degree39453238045182
    Total Housing Units26,820138,436244,804
    --Owner-Occupied4,40134,70767,095
    --Renter-Occupied17,64979,385133,509
    Owner-Occupied Values< 100K1465717415664
    100-199K13621493630435
    200-299K930644310937
    300-399K26322623852
    400-499K15213582210
    500K+22825353998
    Total Working Age Population36,755206,124375,341
    In Work Force22,856124,732223,930
    Not In Work Force13,89981,392151,411
    Workforce Employed19,389107,815189,260
    Workforce Unemployed3,46716,73934,421
    Civlian Workforce22,856124,554223,681
    Military Workforce0178248
    Total Households22,050114,092200,604
    Family Households8,27148,08295,644
    Non-Family Households13,78066,010104,960
    Married Couple2,53018,93635,090
    Other Family5,74129,14660,554
    Married w/Child9216,67212,591
    Single Male w/Child1931,4653,678
    Single Female w/Child2,77811,70424,144

    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
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Lake County484,564+2496,005-3479,815+1482,321

    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 7024 South Paxton Avenue in Chicago?
    The asking price for 7024 South Paxton Avenue is $1,550,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 7024 South Paxton Avenue in Chicago is 21,650 square feet
    How much land does the Chicago, IL property at 7024 South Paxton Avenue include?
    7024 South Paxton Avenue in Chicago includes 0.318 acres of land
    What is the population within 1 mile of 7024 South Paxton Avenue in Chicago?
    The population within 1 mile of 7024 South Paxton Avenue Chicago, IL 60649 is 45,684 people.
    Who do I contact for questions about 7024 South Paxton Avenue?
    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) 9
    Chicago O'Hare International Airport (ORD) 23
    South Bend Regional Airport (SBN) 65
    Price
    $1,550,000
    Listing Agent
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