8133 S Ingleside Avenue - Multi-Family FOR SALE


Chicago, IL 60619- Chatham
$650,000 USD
773-293-5090
8133 S Ingleside Avenue, Chicago, IL for Sale
$650,000 USD
Multi-Family - FOR SALE
1/5
null | 9.1% Cap Rate

8133 S Ingleside Avenue
Chicago, IL 60619
Chatham


HIGHLIGHTS

  • Very Desirable Unit Mix - Three (3) 2Bd/1Ba & Three (3) 3Bd/1Ba Units
  • Individual Furnaces & Hot Water Tanks
  • Spacious Units w/ New Modern Kitchens & Baths
  • Prime Chatham Location

OVERVIEW

Kiser Group is pleased to exclusively offer for purchase 8133 S. Ingleside, a six (6) unit apartment building located in the Chatham/Greater Grand Crossing area on Chicago’s South Side. Situated along South Ingleside Avenue, the property benefits from convenient access to public transportation, major roadways, and nearby neighborhood amenities. 8133 S. Ingleside is comprised of three (3) 2Bd/1Ba units and three (3) 3Bd/1Ba units, offering a desirable unit mix for a wide tenant base. Each unit features spacious layouts and is equipped with individual HVAC systems and separate hot water heaters, providing added efficiency and utility control for tenants. 8133 S. Ingleside presents investors with an excellent opportunity to acquire a stabilized, income-producing asset in a solid South Side rental market. Based on current operations, an investor can expect to achieve approximately a 9.1% cap rate and a 14.24% cash-on-cash return from day one.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$60 USD /SF

# OF UNITS

6

PRICE/UNIT

$108,333

CAP RATE

9.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

20-35-117-003-0000

ASK ABOUT THIS PROPERTY

Noah BirkKiser GroupMore Info
773-293-5090

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Noah BirkKiser GroupMore Info
773-293-5090

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