2500 N Halsted St - Apartments FOR SALE


Chicago, IL 60614- DePaul
$8,900,000 USD
312-935-1420
2500 N Halsted St, Chicago, IL for Sale
$8,900,000 USD
Apartments - FOR SALE
1/4
null | 6.3% Cap Rate

2500 N Halsted St
Chicago, IL 60614
DePaul


OVERVIEW

Lincoln Park at DePaul. This is an opportunity to acquire a newly constructed asset with a proven track record of defendable operations in an extremely high-barrier-to-entry submarket in Chicago. 11 apartments that stay 100% occupied with recent 6% rent growth over fully leased retail to a strong financial institution. • Impeccably Designed and Constructed Property • Luxurious units- 2, 3, and 4 Bedroom Mix • Offers tenants high-end, private living • Market-leading finishes and amenities • Ideal and Irreplaceable Lincoln Park Locations • Steps from world-class dining and entertainment • Comprehensive transit-oriented location ideal for commuters • Fully stabilized and turn-key

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$556 USD /SF

# OF UNITS

11

PRICE/UNIT

$809,091

CAP RATE

6.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2500 N Halsted St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

14-29-420-048-0000,14-29-420-049-0000

ASK ABOUT THIS PROPERTY

Justin RossCBRE | Greater Chicago MarketMore Info
312-935-1420

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Justin RossCBRE | Greater Chicago MarketMore Info
312-935-1420

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