HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Assumable Debt Available: $1,281,368 Balance, 3.72% IR, 6 Years Fixed Rate Remaining
- Favorable Mix of Mostly [73%] Two Bedroom Units
- Recent Rehab by Ownership Includes New Furnaces, Upgraded Electric, New Porches, and Tuckpointing
- Individual Furnaces, Tenants Pay Heat
- Opportunity for Investor to Increase Below Market Rents for Two Bedroom Units, Strong Rental Upside
FOR SALE DETAILS
PRICE
$1,995,000 USD
PRICE/SF
$117 USD /SF
# OF UNITS
22
PRICE/UNIT
$90,682
CAP RATE
10.11%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1924
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.21 AC
LAND SF
9,148 SF
ZONING
RS-3, Chicago
APN/PARCEL ID
20-32-109-001-0000
ASK ABOUT THIS PROPERTY
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312-610-1074
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312-610-1074
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