$815,000 USD
312-890-2232
6014 S Calumet Ave
Chicago, IL 60637
Washington Park
HIGHLIGHTS
- This property is currently generating $109k in collected gross income
- The building has maintained 100% occupancy with consistent rent collections
- Current cap rate of 9.5%, projected to increase to 10.2% on a stabilized basis
- Within walking distance to the 63rd Street Green Line Station
- Opportunity to increase 2-bed rents to $1,750 and 3-bed rents to $1,850
FOR SALE DETAILS
PRICE
$815,000 USD
PRICE/SF
$108 USD /SF
# OF UNITS
6
PRICE/UNIT
$135,833
CAP RATE
10.2%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1920
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.12 AC
LAND SF
5,343 SF
ZONING
RM-5
APN/PARCEL ID
20-15-310-020-0000
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312-890-2232
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312-890-2232
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