Kiser Group is pleased to exclusively offer for purchase 8321 S. King Dr, a twenty-eight (28) unit apartment building located in the Chatham area on Chicago’s South Side. Situated along South King Drive, the property benefits from convenient access to public transportation, major roadways, and nearby neighborhood amenities. 8321 S. King is comprised of twelve (12) 2B/1Ba, eleven (11) 1Bd/1Ba, and five (5) studio units, offering a desirable unit mix for a wide tenant base. Each unit features spacious layouts and modern kitchens and baths. Further improvements include but are not limited to: newer hot water tanks, newer roof, 600 AMP electric service, and 36 parking spots. 8321 S. King 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 9.12% cap rate and a 14.32% cash-on-cash return from day one.