7928 S Elizabeth Street

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7928 S Elizabeth Street

Chicago, IL 60620
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located at 7928 S Elizabeth Street
  • Asset situated in the Chicago, Illinois urban submarket
  • Residential property located in the 60620 ZIP code
  • Functional asset suitable for long-term multifamily investment strategies
  • Strategically positioned within the dense Chicago metropolitan area

What's Special

7928 S Elizabeth Street represents a multifamily apartment building situated in the Auburn Gresham neighborhood of Chicago. This asset provides a residential footprint within a dense urban submarket, benefiting from the city’s extensive public transportation network and proximity to major employment hubs throughout the metro area. Chicago remains a resilient rental market, consistently supported by a diverse population base and a stable demand for workforce housing. Investors and property operators will find this asset suitable for long-term hold strategies focused on value-add repositioning or stabilized cash flow. The site’s positioning within the 60620 ZIP code offers tenants access to local transit corridors and community infrastructure. Given the structure of the local multifamily market, this property serves as a functional residential holding for owners looking to expand their footprint in the South Side of Chicago.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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