Multi-Family Space For Lease @ 7144 S Jeffery Ave
7144 S Jeffery Ave, Chicago, IL 60649
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Jeffrey B.
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SVN is pleased to present the Premier South Shore Complex which is comprised of four contiguous buildings and 204 units. The desirable unit mix consists of (9) Retail, (25) Studio, (66) 1 bed 1 bath, (46) 2 bed 1 bath, (5) 2 bed 2 bath, (29) 3 bed 2 bath units and (24) 4 bed 2 bath units. Heat is provided by central boilers. Each building is equipped with an elevator(s) and laundry facilities and there is a 36-space parking lot.
Major capital improvements include renovated units with new designer kitchens with granite countertops, new cabinets, and stainless steel appliances and new baths, new entry doors, new windows, renovated common areas, elevator modifications, roof seal coating, updated electrical and plumbing and new laundry rooms.
The acquisition presents an excellent opportunity for an investor to acquire a stabilized renovated 204-unit multifamily complex with 75% subsidized tenancy, highly desirable unit mix, and large floor plans in a prime location. This space offers accomodations for: midrise.
Pricing: Negotiable
Availability: Now
Listing ID: 3347433