7627 S Bennett Avenue

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7627 S Bennett Avenue

Chicago, IL 60649
Asking Price
$185K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located at 7627 S Bennett Avenue in Chicago
  • Property is currently offered for sale at 185000 dollars
  • Asset sub-type is categorized as an apartment building
  • Positioned within the established South Shore neighborhood of Chicago
  • Located at the coordinates of 41.7562 and -87.5782

What's Special

This multifamily apartment building at 7627 S Bennett Avenue presents an acquisition prospect in Chicago. Situated within the South Shore community, the property benefits from proximity to Lake Michigan and established residential infrastructure. Chicago maintains a diverse economic base and significant transit connectivity, making well-positioned multifamily assets a functional component of regional portfolios. Investors focused on value-add projects or long-term rental income in the Illinois market may consider this location for its accessibility to local transportation corridors and neighborhood amenities. The asset type allows for flexible management strategies consistent with standard residential leasing operations in urban environments.

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NOI
$80,000
Cap Rate
43.24%
DSCR
7.28
Strong
Cash-on-Cash
124.35%
Monthly Payment
$915.279
Annual Cash Flow
$69,016.651

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