6355-6357 S Francisco Ave - Apartments FOR SALE


Chicago, IL 60629- Marquette Park
$649,900 USD
888-998-4758
6355-6357 S Francisco Ave, Chicago, IL for Sale
$649,900 USD
Apartments - FOR SALE
1/28
null | 8.42% Cap Rate

6355-6357 S Francisco Ave
Chicago, IL 60629
Marquette Park


OVERVIEW

Rarely available 10 unit brick apartment building with corner-lot visibility offering a compelling value add opportunity with strong rental repositioning upside. The property features a desirable unit mix of seven two bedroom/one bath units and three one bedroom/one bath units. Additional growth potential exists through the conversion of two non conforming spaces into income producing residential units, allowing investors to further scale returns.

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$69 USD /SF

# OF UNITS

10

PRICE/UNIT

$64,990

CAP RATE

8.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,579 SF

ZONING

R-3

APN/PARCEL ID

19-24-106-021-0000

ASK ABOUT THIS PROPERTY

Anthony DisanoParkvue RealtyMore Info
888-998-4758

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Anthony DisanoParkvue RealtyMore Info
888-998-4758

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