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29209723
29209746

3920-24 S Calumet Ave, Chicago, IL 60653

KB
IL 471.003309
North Clybourn Group, Inc.
North Clybourn Group, Inc.
Listed by North Clybourn Group, Inc.
$6,995,000
145 days on market
Updated 41 days ago

3920-34 S Calumet Ave , Chicago, IL 60653

Details
Property Type Multifamily
Sub Type Apartment Building
Units 21
Cap Rate 5.74%
NOI $401,854
Occupancy 86%
Broker Co-Op Yes
Class A
Buildings 7
Stories 3
Lot Size (SqFt) 21,875
Zoning RM-5
Parking Spaces 21 spaces
Investment Type Stabilized
Ownership LLC

Fully Stabilized Bronzeville Location-Series of 7 New/er Construction 3 Flats

Marketing description

Fully Stabilized Bronzeville Location-Series of 7 New/er Construction 3 Flat all 3 bedroom 2 bath units rear patio/decks all with 3 car garages- 21 total units. Intelligently designed apartments featuring clean white cabinetry in a professional kitchen setting, stainless steel appliance package, quartz island with a full backsplash and dedicated dining areas in each. Rich and warm wide planked LVT flooring throughout, making it both beautiful and practical for longevity. Open and bright living room has a separate breakfast nook for daily dining, and both guest bedrooms can accommodate queen-sized beds. Primary suite is expansive with walk-in closet and a spa-level bathroom with an oversized shower, glass enclosure, and crisp black metal plumbing and trim details. All units include high-efficiency furnaces, tankless hot water heaters, full window treatments, in-unit washer/dryer, private rear terrace, and secure premises with 3 car garage. AAA Trophy Piece- Fully stabilized. Perfect Turn-key or Future 1031 opportunity. Hyper Convenient, Exceptional property and location.

Investment highlights

Listing Contacts

KB
IL 471.003309
North Clybourn Group, Inc.
North Clybourn Group, Inc.
Listed by North Clybourn Group, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$401,854.00
$33,487.83/mo

Valuation Metrics

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DSCR
5.74%
Cap Rate
5.74%
ROI

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Additional Information

Name
Karen Biazar
License
471.003309
Brokerage Phone
773.252.0600
Brokerage Address
2324 West North Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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