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6720 S Jeffery BlvdChicago, IL 60649
6720 S Jeffery Blvd Chicago, IL 60649
Asset ClassMultifamily
# Units81
Cap Rate: 8.08%# Units: 81# Stories: 6Access Data Room
Historic 81-Unit Gem in Jackson Park Highlands — Prime South Shore Opportunity
overview of deal

Overview

33 Realty is pleased to present the exclusive listing for 6720 S. Jeffery Boulevard, a significant 81-unit multifamily asset plus leasing office in the desirable Jackson Park Highlands. Located at the gateway to the South Shore community, this property offers a premier position in one of Chicago's most sought-after south side locations. Erected in 1920, the building has been meticulously maintained, preserving its remarkable architectural details, from the chiseled window frames to the grand arched entryway. While honoring its historic character, the property has been updated with recently renovated units and new copper plumbing throughout. This offering represents an outstanding opportunity for an owner-operator. With a convenient on-site office, a new owner can efficiently complete the lease-up of rehabbed units and capitalize on the strong market growth in the surrounding neighborhood.

 

Deal Size: $6,500,000 | Cap: 8.08%

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Investment Highlights

Cap Rate
8.08%
Deal Size
$6.5 M
# Units
81
  • Elevator Building
  • Over 1/2 units fully renovated and continuing
  • Updated with 10 copper risers
  • 81 Units with an Ideal Mix of Studio, One & Two Bedroom Units plus onsite leasing office
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6720 S Jeffery BlvdChicago, IL 60649
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Listing provided by Revere CRE