6830 South Jeffery Boulevard
$1,300,000
19
19
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Description
6830 s. Jeffery is a seven (7) unit walk-up building located just one block away from Jackson Park in Chicago's South Shore neighborhood. Over the past few years, Jackson Park has seen a resurgence in new developments due to its proximity to Lake Michigan, as well as Chicago's Downtown, most notably with the construction of the Obama Presidential Library. Given the assets location, there are a number of public transportation options to and from Chicago's Downtown providing tenants with quick, easy,...6830 s. Jeffery is a seven (7) unit walk-up building located just one block away from Jackson Park in Chicago's South Shore neighborhood. Over the past few years, Jackson Park has seen a resurgence in new developments due to its proximity to Lake Michigan, as well as Chicago's Downtown, most notably with the construction of the Obama Presidential Library. Given the assets location, there are a number of public transportation options to and from Chicago's Downtown providing tenants with quick, easy, and affordable transportation options. 6830 S. Jeffery is comprised of seven (7) total units. Currently, the building consists of six (6) incredibly spacious 3bd/3ba units boasting nearly 2,500 square feet of living space, as well as one (1) newly finished 1bd/1ba garden unit. All of which, however, are heated and cooled via separate and individual in-unit HVAC units. Additional updates include copper plumbing throughout the entire building, a roof tear off six (6) years ago, and a new silver coating placed this year. 6830 S. Jeffery presents an investor with the opportunity to acquire a rarely available and highly desirable building in one of Chicago's fastest growing neighborhoods. From day one, a new owner will benefit from an in-place cap rate of over 8% and a cash-on-cash return of over 10%. Solely through raising rents to figures already being achieved in the building, and/or through further rehabbing the remaining units, an investor can realize a pro-forma cap rate of over 9%.
- Listed by Aaron Sklar • Kiser Group Realty Inc
- Listed by Noah Birk • Kiser Group Realty Inc
Property Details for 6830 South Jeffery Boulevard
Area
CHI - South Shore
LISTING UPDATED: 08/17/2024 03:36 AM
Property Details for 6830 South Jeffery Boulevard
Status | Active |
---|---|
MLS # | 12088637 |
Days on Market | 127 |
Taxes | $11,929 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Garden Complex |
Year Built | 1924 |
Lot Size | 0.23 AC / 10,125 SF |
County | Cook County |
Building Information for 6830 South Jeffery Boulevard
Stories3Residences7Year Built1924Building Size-Lot Size0.23 AC / 10,125 SF
Property Information for 6830 South Jeffery Boulevard
Property History for 6830 South Jeffery Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6830 South Jeffery Boulevard
Taxable ValueLand$22,612Additions$35,387Total$57,999
Tax Record2022$11,929 ($994 / month)
Home Facts
Baths6Total Finished SqFt14,553 SqFtAbove Grade Finished SqFt14,553 SqFtStories3Lot Size10,050 SqFtStyleMulti-Family Res (5+ Units)Year Built1924CountyCOOKAPN20-24-315-014
Schools near 6830 South Jeffery Boulevard
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Okeeffe Elementary School PublicPK to 8 | ||
Chicago Vocational Career Academy High School Public9 to 12 | ||
South Shore Fine Arts Elementary School PublicPK to 8 | ||
South Shore Intl Col Prep High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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