81st & Langley
Marcus & Millichap is pleased to present this 2-building multi-family real estate opportunity in the Chatham neighborhood of Chicago. The subject properties of 700 East 81st Street and 8055 South Langley Avenue are located just one block away from each other. Theses properties are located 11.6 miles south of Chicago's downtown loop area, 1.3 miles from both the Dan Ryan Expressway and Chicago Skyway, and 0.7 miles from the Metra Electric 79th Street train station. The unit mix for the property located at 700 East 81st Street consists of three, three room, one-bedroom one-bathroom units, six, four room, two-bedroom one-bathroom units, and four two-bedroom one-bathroom units. The unit mix for the property on 8055 South Langley Avenue consists of twelve, four room, one-bedroom one-bathroom units.
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.