HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Favorable Mix of [1] 1BD/1BA, [4] 2BD/1BA, and [2] 3BD/1BA Units
- Stabilized, Cash-Flowing Asset; Investor to Achieve 9.6% Cap Returns on Day One
- Ownership Recently Upgraded Units with New Kitchens, Bathrooms, Floors, and Appliances
- 5/8 Units are Occupied by Subsidy Tenants
- Located Two Blocks from Laramie CTA Green Line Stop
FOR SALE DETAILS
PRICE
$775,000 USD
PRICE/SF
$111 USD /SF
# OF UNITS
7
PRICE/UNIT
$110,714
CAP RATE
10.8%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1902
PARKING SPACES
3
LAND DETAILS
LAND ACRES
0.08 AC
LAND SF
3,615 SF
ZONING
RS-3
APN/PARCEL ID
16-09-406-013-0000
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312-610-1705
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312-610-1705
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