Contacts

Jeffrey Baasch

AW Properties Global

Property Details

Property Type Multi-Family
Property Size 9,700 SF
Units 24
Additional Rent Contact for pricing
Date Updated Dec 10, 2024

Chatham is...AW Properties is pleased to present a 24-room multifamily property located in the Chatham neighborhood. This multifamily property is an ideal investment opportunity, offering a blend of private living spaces and communal facilities in a sought-after neighborhood. The property consists of (24) Rooms with (44) Beds. The first floor offers a variety of communal amenities including a fully-equipped shared kitchen, a versatile meeting room, and five well-appointed offices. Each floor is conveniently serviced by shared bathrooms to ensure ease and comfort for all residents. There are (3) individual HVAC units. The property has a laundry room with (2) washers and (2) dryers, adding to the convenience for residents. The Owner has a loan with Illinois Facilities Fund (IFF), which loan will be paid off at closing. However, there is an affordable housing retention agreement with the FHLBC that requires the property to operate an affordable housing program until May 1, 2028, which any potential buyer will have to commit to operating and be approved by FHLBC. Additional information on the terms of the retention agreement are available upon request.

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Highlights

24 Rooms / 44 Beds
Well Maintained Building in Good Condition
Prime Chatham Location

Getting around

68/100
Walk Score ®
66/100
Transit Score ®
48/100
Bike Score ®

Powered by Walk Score ®

City Chicago, IL
Neighborhood Burnside
Zip Code 60619
Market Chicago

Points of Interest

95th/Dan Ryan

1.07 miles
Gresham

1.97 miles
Stony Island

2.66 miles
Brainerd

2.67 miles
83rd Street

3.05 miles
Kensington (115th Street)

3.08 miles
South Chicago (93rd Street)

3.08 miles
87th Street

3.10 miles
Windsor Park

3.14 miles
South Shore

3.22 miles

Citgo

0.41 miles
Phillips 66

0.54 miles
BP

0.67 miles
Falcon Fuel

0.93 miles
Shell

0.95 miles
Clark

1.01 miles
Amstar

1.20 miles
Tesla Supercharger

2.57 miles
ChargePoint

3.76 miles
EVgo

9.18 miles

83rd Street Metra Park & Ride

3.04 miles
Kensington / 115th Street Station Parking Lot

3.05 miles
93rd St. (South Chicago) Station Parking Lot

3.15 miles
Campus South Parking

3.75 miles
Trailer Parking

3.81 miles
Kimbark South Parking Garage

3.82 miles
Chapin Hall Parking Lot

3.87 miles
Dorchester Parking Lot

3.88 miles
Parking/Materials Management

4.00 miles

Admiral Motel

0.17 miles
Skyway Motel

1.12 miles
Stony Island Motel

1.20 miles
East of the Ryan

1.48 miles
South Shore Motel

1.64 miles
Empire Motel

1.78 miles
Royal Motel

1.87 miles
Beverly Motel & Suites

2.42 miles
New Budget Motel

2.85 miles
Best Motel

3.14 miles

Jewel-Osco

1.10 miles
dd's Discounts

1.15 miles
Pete's Produce

1.16 miles
Food 4 Less

1.19 miles
ALDI

1.43 miles
Forman Mills

1.84 miles
M & H Market

2.00 miles
Ross

2.31 miles
City Sports

3.45 miles
Burlington

4.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.