10338 S Walden Pky - Apartments FOR SALE


Chicago, IL 60643- Beverly
$1,750,000 USD
773-799-9295
10338 S Walden Pky, Chicago, IL for Sale
$1,750,000 USD
Apartments - FOR SALE
1/11
null | 10.76% Cap Rate

10338 S Walden Pky
Chicago, IL 60643
Beverly


HIGHLIGHTS

  • Prime Beverly Location
  • All 2-Bedroom Apartments
  • Off-Street Parking Included
  • Mostly CHA Mobility Tenants
  • Steps to Metra Train Station
  • Professionally Managed

OVERVIEW

This apartment investment is located in the historic Beverly neighborhood on the southwest side of Chicago, Illinois. The property includes a 9-unit apartment building, consisting entirely of 2-bedroom apartments, a building-owned laundry facility, and off-street parking. The building is master metered for heat, hot water, and cooking gas, while sub-metered for electric. This offering provides a new investor the opportunity to acquire a building in a desirable submarket with, strong in-place cash flow providing double-digit total returns, and with further rental upside.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

9

PRICE/UNIT

$194,444

CAP RATE

10.76%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AIA /// 9 UNITS /// BEVERLY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,320 SF

ZONING

RT-4

APN/PARCEL ID

25-18-200-028-0000

ASK ABOUT THIS PROPERTY

George CassinApartment Investment Advisers, LLCMore Info
773-799-9295

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George CassinApartment Investment Advisers, LLCMore Info
773-799-9295

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.