Kiser Group is pleased to exclusively present for purchase 2307 W. 35th St, a beautiful six (6) unit building in the coveted McKinley Park neighborhood of Chicago. Just minutes from downtown, steps away from McKinley (William) Park, and a block from the 35th/Archer Metra stop, 2307 W. 35th St. is an ideally located building for any investor.
2307 W. 35th St. is conveniently comprised of four (4) 2Bd/1Ba units, and two (2) 1Bd/1Ba units. All of which feature spacious layouts, an abundance of natural light, and hardwood flooring throughout. The building has been meticulously maintained and updated over the years resulting in its fantastic shape. Improvements to building include, but are not limited to, newer windows, updated kitchens & baths, updated plumbing, masonry & tuckpointing work, and an onsite laundry facility,
2307 W. 35th St. offers an investor the opportunity to acquire a stabilized, cash-flowing asset in one the South Side's most sought after and developing neighborhoods. From day one an investor will be able to achieve a 6.28% cap rate. By raising rent to levels already being achieved in the building an investor would have the opportunity to realize a 7% cap rate.