June 20, 2025 – Andrew O’Connell and Dan Smith of Horvath & Tremblay have successfully completed the sale of a six unit multi-family property in Chicago, Illinois. Horvath & Tremblay represented the buyer to complete the transaction at a sale price of $400,000.
The property is located at 6808-6810 S East End Avenue in Chicago, Illinois. The Property is improved by a three-story multi-family building and contains six (6) residential units with 8,055 gross square feet on a 0.17-acre parcel. The attractive brick building also offers a detached garage at the rear of the Property with five (5) separate bays. The Property is 66.66% occupied (two vacant units) and offers significant upside through the lease up of the highly desirable units. The Property is well located in Chicago’s South Shore neighborhood, a densely populated residential area. The Property is one block from Jackson Park which is positioned along Lake Michigan and is home to the Museum of Science and Industry and offers recreational facilities including golf, sports fields, and walking trails. The Property is a short walk from E 71st Street, one of the area’s primary commercial corridors, and offers convenient access to grocery stores, restaurants, and numerous other retail amenities. The Property is ideally positioned for commuters with quick and convenient access to public transportation including multiple CTA Bus Routes, the Bryn Mawr Metra Station and Cottage Grove Subway Station. The Property is also close to Lake Shore Drive and Interstate 90.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.