5254 W Wolfram St - Apartments FOR SALE


Chicago, IL 60641- Cragin
$1,025,000 USD
773-293-5023
5254 W Wolfram St, Chicago, IL for Sale
$1,025,000 USD
Apartments - FOR SALE
1/1
null | 7.15% Cap Rate

5254 W Wolfram St
Chicago, IL 60641
Cragin


HIGHLIGHTS

  • Four (4) 2Bd/1Ba & Four (4) 1BD/1Ba Units
  • Desirable Belmont-Cragin Neighborhood
  • Newer Weil-McLain Boiler
  • High Vacancy

OVERVIEW

Kiser Group proudly presents 5254 W. Wolfram St, an 8-unit multifamily asset located in Chicago’s Belmont Cragin neighborhood. The building consists of (4) one-bedroom units and (4) two-bedroom units, complemented by (3) non-conforming garden apartments. This offering is part of a court-ordered receivership sale. This property represents a compelling opportunity for investors to unlock significant value. With light cosmetic upgrades to kitchens, bathrooms, and common areas, there is strong potential to enhance rents and overall asset performance.

FOR SALE DETAILS

PRICE

$1,025,000 USD

PRICE/SF

$24 USD /SF

# OF UNITS

8

PRICE/UNIT

$128,125

CAP RATE

7.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5254 W Wolfram Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1932

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,285 SF

ZONING

10

APN/PARCEL ID

13-28-129-016-0000

ASK ABOUT THIS PROPERTY

Joe BianchiKiser GroupMore Info
773-293-5023

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Joe BianchiKiser GroupMore Info
773-293-5023

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