7924 S Rhodes Ave
Marcus & Millichap is pleased to present this multi-family real estate opportunity in the Chatham neighborhood of Chicago. The subject property of 7924 South Rhodes Avenue is located 11.3 miles south of Chicago's downtown loop area, 0.7 miles east of the I-94 Dan Ryan Expressway, and 0.8 miles west of the Metra Electric 79th street and Chatham train station. The unit mix for the subject property consists of three one-bedroom one-bathroom units that measure 700 square feet and three two-bedroom one-bathroom units that measure 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 ability to cash flow this property.