HIGHLIGHTS
- This property is currently generating $102k in collected gross income
- Current cap rate of 8.6%, projected to increase to 9.2% on a stabilized basis
- The building has maintained 100% occupancy with consistent rent collection
- Approximately 4 blocks from the 63rd Street Metra Station - allowing easy access to downtown Chicago
- Opportunity to increase all rents to the market rate of $1,675
FOR SALE DETAILS
PRICE
$815,000 USD
PRICE/SF
$117 USD /SF
# OF UNITS
6
PRICE/UNIT
$135,833
CAP RATE
9.2%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1910
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
6,251 SF
ZONING
R
APN/PARCEL ID
20-23-105-058-0000
ASK ABOUT THIS PROPERTY
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312-890-2232
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Please correct the highlighted field(s).
312-890-2232
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