4936 Greenwood St - Apartments FOR SALE


Skokie, IL 60077
$1,725,000 USD
312-477-9181
4936 Greenwood St, Skokie, IL for Sale
$1,725,000 USD
Apartments - FOR SALE
1/20
null | 6.27% Cap Rate

4936 Greenwood St
Skokie, IL 60077


OVERVIEW

- The Only 6-Unit Multifamily Asset Currently Available in Skokie offering investors a rare opportunity to acquire a well-positioned building in a highly desirable submarket. - Unique Unit Mix Featuring 14 Total Bedrooms, allowing for stronger rental income potential compared to typical multifamily properties in the area. - Highly Desirable Corner Location providing abundant natural light throughout all units and enhancing tenant appeal. - Exceptionally Well-Maintained Property, with mostly updated units and clean, professionally maintained common areas that minimize near-term capital expenditures. - Excellent Value-Add Opportunity, with rents positioned below market and a clear path to increase income based on current market conditions and comparable in-house leasing data. - Strong Upside Potential through strategic rent growth while benefiting from the property’s attractive unit configuration and sought-after Skokie location.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$239 USD /SF

# OF UNITS

6

PRICE/UNIT

$287,500

CAP RATE

6.27%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1955

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,637 SF

ZONING

R4

APN/PARCEL ID

10-16-421-023-0000,10-16-421-024-0000

ASK ABOUT THIS PROPERTY

Ian LuscombeChicago Real Estate ResourcesMore Info
312-477-9181

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Ian LuscombeChicago Real Estate ResourcesMore Info
312-477-9181

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