905-911 W Carmen Ave - Apartments FOR SALE


Chicago, IL 60640- Uptown Chicago
$6,950,000 USD
312-327-5455
905-911 W Carmen Ave, Chicago, IL for Sale
$6,950,000 USD
Apartments - FOR SALE
1/40
null | 5.93% Cap Rate

905-911 W Carmen Ave
Chicago, IL 60640
Uptown Chicago


HIGHLIGHTS

  • Excellent Margate Park Neighborhood Location
  • 41 Large Apartments, 25% Cosmetically Rehabbed
  • Several Capital Improvements Including Upgrades to the Roof and Parapet Walls, and New Skylights in the Lobby
  • Upgraded On-Site Laundry
  • Steps from the CTA, Foster Beach, and Margate Fields

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

41

PRICE/UNIT

$169,512

CAP RATE

5.93%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Glengyle Beach Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,301 SF

ZONING

R-3, Chicago

APN/PARCEL ID

14-08-408-010-0000

ASK ABOUT THIS PROPERTY

Kyle StengleMarcus & MillichapMore Info
312-327-5455

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

Kyle StengleMarcus & MillichapMore Info
312-327-5455

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