$625,000
Calculate Payment
7558 S Rhodes Avenue Chicago, IL 60619
General Commercial
Residence
Beds
Baths
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Don't miss this exceptional investment opportunity in the historically significant Greater Chatham community! This all-brick, 8-unit property is located in the Park Manor/Grand Crossing area, just 2 minutes from the Metra and close to parks and bike trails. With approximately 260 historic Chicago-st...yle brick bungalows nearby, the neighborhood boasts unique charm and community spirit. Exciting developments are on the horizon, including the **$20 million Xchange Chicago** tech training center opening in 2024, projected to create 100 jobs and provide a $70 million economic impact. The **Greater Chatham Initiative** is actively improving the area, ensuring robust growth. Recent updates include beautifully renovated hallways and back porches, enhancing the property's appeal. With a cash-on-cash return of **6.7%**, a new rubber roof installed in 2019, and long-term tenants in place, this property is priced to sell and offers significant upside potential. Act quickly-this opportunity won't last long! Contact 8478816176 for access to the property, must provide financing info for showing .
Continue reading
MLS#
12138679
Property Type
General Commercial
Year Built
1925
Receive an email as soon as the price changes
Receive an email
as soon as the price changesGet Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Nearby Homes For Sale
Just Listed
And
Homes Available
In