Apartment Buildings /IL /Cook County /Chicago /6355 S Washtenaw Ave
Apartment Buildings /IL /Cook County /Chicago /6355 S Washtenaw Ave

6355 S Washtenaw Ave - Apartments FOR SALE


Chicago, IL 60629- Marquette Park | 
$925,000 USD
312-890-2232
6355 S Washtenaw Ave, Chicago, IL for Sale
$925,000 USD
Apartments - FOR SALE
1/7
null | 12.1% Cap Rate
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6355 S Washtenaw Ave
Chicago, IL 60629
Marquette Park

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HIGHLIGHTS

  • This property currently generates $141k in collected gross income yearly
  • Current cap rate of 10.9%, projected to increase to 12.1%
  • Tenants pay heat at this building
  • Ability to move 1-bedroom rents to $1,675, 2- bedroom rents to $1,750, and 3-bedroom units to $1,825

OVERVIEW

Nara Advisors is pleased to exclusively market for sale 6355 S Washtenaw, an 8-unit apartment building located in Chicago's Englewood neighborhood.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

8

PRICE/UNIT

$115,625

CAP RATE

12.1%

% 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

0.15 AC

LAND SF

6,460 SF

ZONING

RS-3

APN/PARCEL ID

19-24-202-026-0000

ASK ABOUT THIS PROPERTY

Robert BermanNara AdvisorsMore Info
312-890-2232

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Robert BermanNara AdvisorsMore Info
312-890-2232

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

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