8000 S Paxton Avenue
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8000 S Paxton Avenue
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Sold

8000 S Paxton Avenue

8000 S Paxton Avenue, Chicago, IL 60617

$1,800,000
8000 S Paxton is a 21-unit multifamily property located in the South Chicago neighborhood of Chicago, IL. This property is located in a federal qualified opportunity zone and consists of (3) studios, one-bath units, (17) one-bedroom, one-bath units and (1) two-bedroom, one-bath units. The property, built in 1928, has benefited from many capital improvements and is fully occupied. The subject property is 17.2 miles South West of Midway International Airport and 10 miles from Chicago's central business district. The South Chicago neighborhood has direct access to Lake Shore Drive and Chicago Skyway. The Metra line is under construction and many other exciting developments. The subject property is 2.6 miles west of Chicago's Rainbow Beach and Eugene Sawyer Water Purification Plant. It is 10.5 miles from Chicago's central business district. This property gives an investor the opportunity to acquire a well-maintained asset and achieve above-average returns from day one.
Anthony Hardy

Anthony Hardy

Travis Montgomery

Travis Montgomery

Features & Amenities

Area & Lot

  • Status Sold
  • MLS® ID11309690
  • TypeCommercial
  • YEAR BUILT1928
  • NeighborhoodChicago

Exterior

  • STORIES3

Financial

  • Sales Price$1,800,000
  • Real Estate Tax $17,910/yr

Chicago

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