60 Units::South Shore · Median Age 32.7 37.0 36.2 Median Age (Male) 29.3 33.3 33.5 Median Age...

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Kiser Group | P: 773.293.5000 | [email protected] FOR MORE INFORMATION, PLEASE CONTACT: 1628 W. Montrose Ave. Chicago, IL 60613 Tel: (773) 293-5000 Fax: (773) 293-5001 www.kisergroup.com PROPERTY OVERVIEW 3075 E. Cheltenham is a 70 Unit building located on Lake Michigan in the booming south shore neighborhood of Chicago. There is tremendous value to be added to this asset through light renovation in the units and updates to the building's mechanicals. One block from Rainbow Beach Park, 3075 E. Cheltenham is comprised of (2) Studios & (58) 1bd/1ba apartments. PROPERTY HIGHLIGHTS • 60 Units • (2)Studios, (58)1bd/1ba • Value-Add Opportunity $2,600,000 60 $43,333 PROPERTY SUMMARY Sale Price: Number Of Units: Price Per Unit 60 Units::South Shore 3075 E Cheltenham Pl, Chicago, IL 60649

Transcript of 60 Units::South Shore · Median Age 32.7 37.0 36.2 Median Age (Male) 29.3 33.3 33.5 Median Age...

Page 1: 60 Units::South Shore · Median Age 32.7 37.0 36.2 Median Age (Male) 29.3 33.3 33.5 Median Age (Female) 34.1 39.8 38.2 Total Households 8,123 55,408 133,548 # of Persons Per HH 2.6

Kiser Group | P: 773.293.5000 | [email protected] MORE INFORMATION, PLEASE CONTACT:

1628 W. Montrose Ave.Chicago, IL 60613

Tel: (773) 293-5000Fax: (773) 293-5001

www.kisergroup.com

PROPERTY OVERVIEW

3075 E. Cheltenham is a 70 Unit building located on Lake Michigan in the booming south shore neighborhood ofChicago. There is tremendous value to be added to this asset through light renovation in the units and updates to thebuilding's mechanicals.

One block from Rainbow Beach Park, 3075 E. Cheltenham is comprised of (2) Studios & (58) 1bd/1ba apartments.

PROPERTY HIGHLIGHTS

• 60 Units

• (2)Studios, (58)1bd/1ba

• Value-Add Opportunity

$2,600,000

60

$43,333

PROPERTY SUMMARY

Sale Price:

Number Of Units:

Price Per Unit

60 Units::South Shore3075 E Cheltenham Pl, Chicago, IL 60649

Page 2: 60 Units::South Shore · Median Age 32.7 37.0 36.2 Median Age (Male) 29.3 33.3 33.5 Median Age (Female) 34.1 39.8 38.2 Total Households 8,123 55,408 133,548 # of Persons Per HH 2.6

Kiser Group | P: 773.293.5000 | [email protected] MORE INFORMATION, PLEASE CONTACT:

1628 W. Montrose Ave.Chicago, IL 60613

Tel: (773) 293-5000Fax: (773) 293-5001

www.kisergroup.com

60 Units::South Shore3075 E Cheltenham Pl, Chicago, IL 60649

Page 3: 60 Units::South Shore · Median Age 32.7 37.0 36.2 Median Age (Male) 29.3 33.3 33.5 Median Age (Female) 34.1 39.8 38.2 Total Households 8,123 55,408 133,548 # of Persons Per HH 2.6

Kiser Group | P: 773.293.5000 | [email protected] MORE INFORMATION, PLEASE CONTACT:

1628 W. Montrose Ave.Chicago, IL 60613

Tel: (773) 293-5000Fax: (773) 293-5001

www.kisergroup.com

60 Units::South Shore3075 E Cheltenham Pl, Chicago, IL 60649

Page 4: 60 Units::South Shore · Median Age 32.7 37.0 36.2 Median Age (Male) 29.3 33.3 33.5 Median Age (Female) 34.1 39.8 38.2 Total Households 8,123 55,408 133,548 # of Persons Per HH 2.6

Kiser Group | P: 773.293.5000 | [email protected] MORE INFORMATION, PLEASE CONTACT:

1628 W. Montrose Ave.Chicago, IL 60613

Tel: (773) 293-5000Fax: (773) 293-5001

www.kisergroup.com

* Demographic data derived from 2010 US Census

1 Mile 3 Miles 5 Miles

Total Population 21,147 139,480 333,912

Population Density 6,731 4,933 4,252

Median Age 32.7 37.0 36.2

Median Age (Male) 29.3 33.3 33.5

Median Age (Female) 34.1 39.8 38.2

Total Households 8,123 55,408 133,548

# of Persons Per HH 2.6 2.5 2.5

Average HH Income $34,363 $46,164 $50,630

Average House Value $208,724 $196,895 $221,893

60 Units::South Shore3075 E Cheltenham Pl, Chicago, IL 60649


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