342 E 71st St - Apartments FOR SALE


Chicago, IL 60619- Greater Grand Crossing
$1,050,000 USD
312-610-1706
342 E 71st St, Chicago, IL for Sale
$1,050,000 USD
Apartments - FOR SALE
1/9
null | 11.4% Cap Rate

342 E 71st St
Chicago, IL 60619
Greater Grand Crossing


HIGHLIGHTS

  • Professional Offering Memorandum Available Upon Request
  • Strong Unit Mix: [10] 2-Bed/1-Bath Units | [4] Commercial Units
  • Cash Flowing Asset: Incoming Investor is Positioned to Achieve a 9.7% Cap Rate Day One
  • Situated Near I-94 & I-90 Expressways, Providing Easy Access to Downtown Chicago
  • Individually Furnaced Units: Tenants Pay Gas in this Building
  • Professionally Operated and Meticulously Maintained by Local Owner

OVERVIEW

Nara Advisors is pleased to exclusively market for sale 342 E 71st St, a 14-unit mixed-use building located in Chicago's Greater Grand Crossing neighborhood.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

10

PRICE/UNIT

$105,000

CAP RATE

11.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

B4-4, Chicago

APN/PARCEL ID

20-22-326-016-0000

ASK ABOUT THIS PROPERTY

Robert BermanNara Realty AdvisorsMore Info
312-610-1706

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Robert BermanNara Realty AdvisorsMore Info
312-610-1706

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