7703 S East End Avenue

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7703 S East End Avenue

Chicago, IL 60649
Asking Price
$409K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for sale in Chicago
  • Asset located at 7703 S East End Avenue
  • Current asking price is set at 409000 dollars
  • Property is situated within the 60649 ZIP code
  • Targeted investment asset within a major metropolitan market

What's Special

Investors seeking to expand their portfolio will find this apartment building at 7703 S East End Avenue a practical addition to their holdings in Chicago. The property sits within the 60649 ZIP code, providing proximity to the transit networks and established residential neighborhoods that define the South Side of the city. This multifamily asset represents a straightforward opportunity to secure a residential rental property in a major metropolitan market known for consistent tenant demand and stable infrastructure. Potential buyers can capitalize on the density of the area to implement long-term management strategies tailored to the local housing landscape. With an asking price of $409,000, this building offers an entry point into the Illinois real estate market. The site is positioned to benefit from the broader economic activity of Chicago, which serves as a central hub for commerce and transportation in the Midwest. Whether utilized for a buy-and-hold investment strategy or repositioned for updated rental income, the asset remains well-situated for those focused on urban residential growth.

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NOI
$80,000
Cap Rate
19.56%
DSCR
3.29
Strong
Cash-on-Cash
45.41%
Monthly Payment
$2,023.509
Annual Cash Flow
$55,717.894

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