Ellis Avenue Portfolio Multi-Family FOR SALE


Chicago, IL - Chatham
$1,800,000 USD
312-327-5455
, Chicago, IL for Sale
$1,800,000 USD
Multi-Family - FOR SALE
1/12
null | 9.06% Cap Rate

Ellis Avenue Portfolio
Chicago, IL
Chatham


HIGHLIGHTS

  • VALUE-ADD POTENTIAL: With current average rents well below comparable properties, new ownership can capture an additional $60,000+ in revenue
  • ATTRACTIVE ENTRY BASIS: In-place 9.06% cap rate with a 13.50% cash-on-cash return from day one.
  • PRIME LOCATION: Situated in the heart of Chatham, a neighborhood experiencing strong rent growth and steady appreciation.

ASK ABOUT THIS PROPERTY

Kyle StengleMarcus & MillichapMore Info
312-327-5455

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Kyle StengleMarcus & MillichapMore Info
312-327-5455

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