Property Overview

Interra Realty has been exclusively engaged to present for sale 7801 S. Constance Ave. The subject property is a 16 unit building consisting of (1) Studio, (3) 1 BD/1BA units, (11) 2 BD/1 BA units and (1) 3 BD/1 BA unit. Located in Chicago's fast appreciating South Shore neighborhood, the asset features spacious unit layouts with a significant value add component. The property has seen recent upgrades to the boiler, porches, and hot water tanks.

The building presents qualified investors with the opportunity to acquire a stabilized asset with significant upside in NOI through cosmetic upgrades to the units. The average 2 BD/1 BA rent in the building is $692.

There are 3 washers and 3 dryers located on site. The property sits in close proximity to Jackson Park and the site of the future Obama Presidential Center.


  • Highly Desirable Unit Mix: (1) 3 BD (11) 2 BD (3) 1 BD (1) Studio
  • Property is being offered for sale for the first time since 2005
  • Porches and boiler upgraded approx. 3 years ago/Exterior rear doors replaced last year
  • Average rents well below market levels. Significant value add opportunity through cosmetic upgrade of units and repositioning of management and leasing
  • 3 washers/3 dryers located on site (Approx. $200/Month)
  • Fast appreciating South Shore location

Key Details

Sixteen (16)
South Shore