7801 S Evans Ave
Marcus & Millichap is pleased to present this multi-family real estate opportunity located at 7801 South Evans Avenue in the Chatham neighborhood of Chicago, Illinois. The subject property is located 11.5 miles south of downtown Chicagos loop area, 1.1 miles east of the Dan Ryan Expressway and the CTA's 79th Street Red Line train station, and 400 feet west of the CTA's Cottage Grove and 78th Street bus stop. The unit mix for the subject property consists of four studio/one-bathroom units and six two-bedroom/one-bathroom units that measure 500 and 900 square feet respectively.
The neighborhood of Chatham is one of the 77 community areas within the city of Chicago. The subject property is just blocks from a major retail and shopping corridor of 79th street. There are plenty of restaurants and neighborhood shopping centers within walking distance from the subject property. The neighborhood has the distinction of being the only neighborhood in Chicago that developed from a European American middle-class community.
An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset as well as the ability to cash flow the property.