Listed by Real Realty Inc.
Unpriced
87th Street Apartments
Details
APN 25-01-204-002-0000
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 7,000
Units 10
Class C
Year Built 1970
Buildings 1
Stories 2
Acreage 0.160
Zoning B3-2
Sale Condition For sale by owner
$67,500/unit
Marketing description
Real Realty is pleased to offer this 10-unit apartment building for sale located off of 87th Street in the Avalon Park neighborhood. The property consists of 5 - one-bedrooms and 5 - two-bedroom units. Newer improvements consist of a newer roof, parking lot for 5 cars, and various in unit renovations.
The average rent at the property is $932. The market average for similar properties is $1225. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements.
Investment highlights
Newer Roof
Newly Paved and Stripped Parking
Corner Location
Easy Access to Downtown via the Chicago Skyway
Listing Contacts
Listed by Real Realty Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Name
License
Brokerage
Is there information that looks off?
