5465 S Everett Ave - Apartments FOR SALE
Chicago, IL 60615 |
5465 S Everett Ave
Chicago, IL 60615
HIGHLIGHTS
- [30] Studio Units | [8] 1-Bedroom Units | [1] 2-Bedroom Units
- This property benefits from it's proximity to the University of Chicago, many national retailers, as well as lakeside accessibility
- The property is 100% occupied, demonstrating a solid demand for rental housing in the area
- Current cap rate of 6.7%, projected to increase to 8.0% with market rents
- Current rents are below market with the potential to increase to market
- This property is steps from the 53rd/55th Street Metra Station, offering 15 minute access to downtown Chicago
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Everett Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
29192
STORIES
4
YEAR BUILT
1925
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
20-12-114-031-0000
