7807 S Evans Avenue

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7807 S Evans Avenue

Chicago, IL 60619
Asking Price
$365K
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 acquisition at 7807 S Evans Avenue
  • Priced at $365,000 for investors targeting the Chicago residential market
  • Asset located in the 60619 zip code of Chicago, Illinois
  • Suitable investment for those maintaining portfolios of residential apartment units
  • Positioned within a major metropolitan hub with consistent housing demand

What's Special

This multifamily apartment building at 7807 S Evans Avenue in Chicago, Illinois, is currently available for sale at an asking price of $365,000. Situated within the 60619 zip code, the property serves as a stable residential asset in a well-established urban environment. Chicago maintains a diverse economic landscape driven by industries such as finance, manufacturing, and technology, supporting consistent demand for quality housing throughout its various neighborhoods. Residential investments in this submarket often appeal to local operators seeking to manage rental inventory in proximity to major transit corridors and community infrastructure. Given its asset type, the property is suitable for investors focused on multi-family unit portfolios or those looking to expand their footprint within the South Side market. Its location offers accessibility to regional thoroughfares, facilitating connectivity for residents and maintaining the long-term utility of the building as a rental residence.

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NOI
$80,000
Cap Rate
21.92%
DSCR
3.69
Strong
Cash-on-Cash
53.27%
Monthly Payment
$1,805.821
Annual Cash Flow
$58,330.15

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