441 E 107th St - Apartments FOR SALE


Chicago, IL 60628- Roseland
$580,000 USD
773-293-5032
441 E 107th St, Chicago, IL for Sale
$580,000 USD
Apartments - FOR SALE
1/5
null | 10.04% Cap Rate

441 E 107th St
Chicago, IL 60628
Roseland


HIGHLIGHTS

  • One (1) 1Bd/1Ba Unit & Five (5) 2Bd/1Ba Units
  • Spacious Units w/ Granite Countertops & New Cabinets
  • On-Site Parking Lot
  • Prime Roseland Location

OVERVIEW

Kiser Group is pleased to exclusively present for purchase 441 W. 107th Street, a well-maintained six-unit multifamily building located in Chicago's Roseland neighborhood. This investment offers strong in-place cash flow with additional upside, making it an excellent opportunity for investors seeking both immediate income and future value creation. The property consists of one (1) 1Bd/1Ba unit and five (5) 2Bd/1Ba units, offering a highly desirable unit mix for a broad tenant base. Each apartment features hardwood floors throughout, while tenants also enjoy the convenience of on-site parking and other amenities that enhance long-term tenant retention and occupancy. The property delivers an attractive 10.04% capitalization rate and 17.42% cash-on-cash return in its current operation. Through continued rental growth and operational improvements, investors have the opportunity to achieve a 13.04% pro forma capitalization rate and an exceptional 29.41% pro forma cash-on-cash return, making 441 W. 107th Street a compelling value-add investment opportunity.

FOR SALE DETAILS

PRICE

$580,000 USD

PRICE/SF

$132 USD /SF

# OF UNITS

6

PRICE/UNIT

$96,667

CAP RATE

10.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,203 SF

ZONING

RT-4

APN/PARCEL ID

25-15-401-003-0000

ASK ABOUT THIS PROPERTY

Aaron SklarKiser GroupMore Info
773-293-5032

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Aaron SklarKiser GroupMore Info
773-293-5032

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