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AVALON PARK
MULTIFAMILY TUDOR STYLE PROPERTY

8600-02 S. Euclid, Chicago, IL 60617

$1,825,000

Property Description

Triton Realty Group LLC is proud to present 8602 S. Euclid, a yellow brick Tudor style 19 unit building located in the desirable south side neighborhoods of Avalon Park/Calumet Heights. All units are large 1bd's with separate dining rooms. Recent improvements include tear off shingle roof on Euclid side (2021), sealed flat roof (2024), insulated roof cavity throughout (2019), new insulated hot water main (2018), efficient steam boiler (2019), common area carpet (2022), painted stairwells, common area carpet in front and refinished steps and landings in rear stairwells, new electrical fixtures in front and rear stairwells, security cameras, security cameras (2020). Strong in place income of over 270k with room for growth. Quiet residential street but close to highway, parks and Lake Michigan.

Contact Agent

Luke Wojcik

(773) 610-9054

Alex Summers

(773) 733-1153

Property Details

Property Type

Multifamily

Year Built

1960

Year Renovated

Current Cap-Rate

9.09%

Pro Forma Cap-Rate

10.16%

Property Highlights

  • Large 1 bd units with separate dining rooms

  • Newer Steam Boiler (2019)

  • Quiet residential location attractive for tenants

  • Rent upside in existing condition

Listing Deal Room Access

GET IN TOUCH

312-788-9379
office@tritonrealtygroup.com

5301 N. Damen

Chicago, IL 60625

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