HIGHLIGHTS
- This property is currently generating $97k, but is projected to generate $110k when fully leased up
- Opportunity to add value through strategic renovation of unit with {re
- Within walking distance to the 63rd Metra Station
- Current cap rate of 9.4%, projected to increase to 10.8% on a stabilized basis
- Opportunity to increase all rents to $1,675
FOR SALE DETAILS
PRICE
$695,000 USD
PRICE/SF
$87 USD /SF
# OF UNITS
6
PRICE/UNIT
$115,833
CAP RATE
16.1%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1920
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
RM-5
APN/PARCEL ID
20-23-227-002-0000
ASK ABOUT THIS PROPERTY
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312-890-2232
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Please correct the highlighted field(s).
312-890-2232
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