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Multifamily

Paulina & Eberhart Portfolio

8001 S Eberhart Ave, Chicago, IL 60619

Listing Price: $2,225,000

Cap Rate
7.51%
Number of Units
39
Price/Unit
$57,051
Price/Gross SF
$80.18
Gross SF
27,750

Investment Overview

Marcus & Millichap is pleased to present 8001 South Eberhart Avenue and 8201 South Paulina Avenue located in Chicago, Illinois. The offering consists of 39 apartments; 8001 South Eberhart is located in Chatham and consists of nine one-bed/one-bath apartments and nine two-bed/one-bath apartments. 8201 South Paulina Avenue consists of 18 one-bed/one-bath apartments and three two-bed/one-bath apartments. Apartments feature hardwood floors, and quality of finishes vary, approximately half the units were moderately updated in the past three years with new kitchen cabinets and bathroom vanities. Both properties have ample off-street parking. The subject properties are both within a short drive of Metra train stops for the Rock Island District and Metra Electric District train stops. I-94 sits in-between the properties, allowing an easy commute in and out of Downtown Chicago.

Investment Highlights

  • Excellent Multifamily Opportunities in the Chatham and Auburn Gresham Neighborhoods of Chicago, Illinois
  • Two Buildings, 39 Units
  • Hardwood Floors, Moderately Updated Units
  • Excellent Location Near CTA and Metra Train Stops
  • Below-Market Rents Allow for Large Upside Potential

Exclusively Listed By

Multifamily

Paulina & Eberhart Portfolio

Listing Price: $2,225,000

Cap Rate
7.51%
Number of Units
39
Price/Unit
$57,051
Price/Gross SF
$80.18
Gross SF
27,750

Investment Highlights

  • Excellent Multifamily Opportunities in the Chatham and Auburn Gresham Neighborhoods of Chicago, Illinois
  • Two Buildings, 39 Units
  • Hardwood Floors, Moderately Updated Units
  • Excellent Location Near CTA and Metra Train Stops
  • Below-Market Rents Allow for Large Upside Potential

Investment Overview

Marcus & Millichap is pleased to present 8001 South Eberhart Avenue and 8201 South Paulina Avenue located in Chicago, Illinois. The offering consists of 39 apartments; 8001 South Eberhart is located in Chatham and consists of nine one-bed/one-bath apartments and nine two-bed/one-bath apartments. 8201 South Paulina Avenue consists of 18 one-bed/one-bath apartments and three two-bed/one-bath apartments. Apartments feature hardwood floors, and quality of finishes vary, approximately half the units were moderately updated in the past three years with new kitchen cabinets and bathroom vanities. Both properties have ample off-street parking. The subject properties are both within a short drive of Metra train stops for the Rock Island District and Metra Electric District train stops. I-94 sits in-between the properties, allowing an easy commute in and out of Downtown Chicago.

Exclusively Listed By

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