Listed by Charles Rutenberg Realty Inc Naperville
$668,000
9335-37 S South Chicago Avenue
Details
APN 11868982000000
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Units 6
Cap Rate 13.00%
NOI $92,956
Year Built 1886
Stories 3
Zoning MULTI
Multifamily | 13.00% CAP | 6 Units
Marketing description
Imposing three story red brick vintage Chicago 6 unit apartment bldg. Located in an up and coming niche of "east Chicago, with close proximity the Lakefront and South Shore, all transportation,a thriving industrial area and the Loop. This 1886 beauty represents the pride of the neighborhood with original red Chicago brick, stone trim capping, steel security doors and an enclosed rear stairwell/porch. Each unit has a separate exterior door. The rear and front porches were completely rebuilt in the last six years. Rear yard contains a grassy area perfect for tenant enjoyment. All units leased and tenant paid utilities. Attractive cap rate for investors.
Listing Contacts
Listed by Charles Rutenberg Realty Inc Naperville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$92,956.00
$7,746.33/mo
Valuation Metrics
0
DSCR
13.92%
Cap Rate
13.92%
ROI
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