Multifamily Housing
7450 South Luella Avenue Chicago, IL 60649
Details & Description
Price: $675,000
    Essex is pleased to market for sale 7450 S. Luella Ave., a seventeen (17) unit value-add property located in the South Shore neighborhood of Chicago. The property sits on the corner of E. 75th street & S. Luella avenue which is within close proximity to transportation, the lakefront and shopping centers. 7450 S. Luella is a two story brick building consisting of thirteen (13) studio apartment units and four (4) retail spaces on the ground level. The apartments are occupied by long term tenants. This value-add investment opportunity is the perfect match for a first time buyer or a seasoned investor interested in building their portfolio. The retail on the ground floor could be used as a building management office. Zoned C1-2 and in an Opportunity Zone.
    Listing Agents
    Brian Mond

    O: 312-662-9590
    brianmond@essexrealtygroup.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.

    7450 South Luella Avenue

    Chicago, IL 60649

    Listing ID: 236251
    7450 South Luella Avenue Chicago, IL 60649 | for Sale | Photo 1
    Building Size: 17,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $39.71
    Land $/SF: $37.71
    Price
    $675,000
    Description

    Essex is pleased to market for sale 7450 S. Luella Ave., a seventeen (17) unit value-add property located in the South Shore neighborhood of Chicago. The property sits on the corner of E. 75th street & S. Luella avenue which is within close proximity to transportation, the lakefront and shopping centers. 7450 S. Luella is a two story brick building consisting of thirteen (13) studio apartment units and four (4) retail spaces on the ground level. The apartments are occupied by long term tenants. This value-add investment opportunity is the perfect match for a first time buyer or a seasoned investor interested in building their portfolio. The retail on the ground floor could be used as a building management office. Zoned C1-2 and in an Opportunity Zone.

    Points of Interest & Demographic Radii

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    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.
     
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    Listing Demographics for 7450 South Luella 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.

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    Common Questions and Answers

    What is the asking price for 7450 South Luella Avenue in Chicago?
    The asking price for 7450 South Luella Avenue is $675,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 7450 South Luella Avenue in Chicago is 17,000 square feet
    What is the population within 1 mile of 7450 South Luella Avenue in Chicago?
    The population within 1 mile of 7450 South Luella Avenue Chicago, IL 60649 is 54,456 people.
    Who do I contact for questions about 7450 South Luella Avenue?
    You should contact the listing agent, Brian Mond, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Chicago Midway International Airport (MDW) 10
    Chicago O'Hare International Airport (ORD) 23
    South Bend Regional Airport (SBN) 65
    Price
    $675,000
    Listing Agent
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