7115 S Oglesby Avenue
Chicago, IL, 60649
$725,000
Beds
0 Baths
9,918 SqFt
0.21 Acres
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$725,000
7115 S Oglesby Avenue
Chicago, IL, 60649
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Presenting 7115 S Oglesby-an exclusive, fully-occupied, income-generating 6-unit property superbly situated in the vibrant South Shore neighborhood. It boasts (5) 3-bedroom/2- bathroom units and (1) 2-bedroom/2-bathroom unit. Each unit offers ample space, along with in-unit laundry facilities, separate hot water heaters, central heating, and elegant hardwood flooring. Moreover, dedicated parking spaces are available for every unit. This property represents an exceptional investment opportunity, especially considering its close proximity to the forthcoming Obama Library, South Shore Golf Course, Lake Shore Drive, Metra train line, and a mere 15-minute drive to downtown. Priced at a 9.1% cap rate. Offering Memorandum available upon request. ** All images have been virtually staged to showcase the property’s potential. **

Property Details

Price:
$725,000
MLS #:
MRD11977902
Status:
Active
Beds:
0
Baths:
0
Address:
7115 S Oglesby Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Feb 12, 2024
State:
IL
Finished Sq Ft:
9,918
ZIP:
60649
Lot Size:
9,296 sqft / 0.21 acres (approx)
Year Built:
1958

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Concrete

Financial

Buyer Agent Compensation
2% – $495Net Sale Price
Net Operating Income
$66,046
Tax Year
2022
Taxes
$7,199
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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7115 S Oglesby Avenue
Chicago, IL