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31525189
31312020

5444 W Huron St, Chicago, IL 60644

AA
IL 471.022605
Aziz Abdelmajeid
Listed by Aziz Abdelmajeid
$1,400,000
63 days on market
Updated 54 days ago

5444 W Huron

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,405
Net Rentable (SqFt) 7,000
Units 12
Cap Rate 9.64%
NOI $135,000
Occupancy 90%
Price per SqFt $189
Broker Co-Op Yes
Year Built 1925
Year Renovated 2
Investment Type Stabilized

Multifamily | 12 Units | $116,667/unit

Marketing description

Are you in the market for a turn key arm chair investment....look no further. This is a solid brick 12-Unit in the heart of North Austin, that is vastly appreciating, while generating 174,000 per year with room for rent increases. Common areas and units are in great condition, consisting of 3-2br and 9-1br units with hardwood flooring, separate living/dining room, separate furnaces. Most unit are completely updated with new bathrooms and kitchens that include granite countertops and new appliances, newer plumbing in many areas, new roof, spot tuckpointing, new rear concrete, newer porches. Tenants responsible for electric, gas, heat. Each apartment has its own furnace. Close to public transportation and expressway providing easy access to Downtown. Security cameras on exterior and interior common areas. Maintenance man stays onsite. More room for rent increases. Agent interest.

Listing Contacts

AA
IL 471.022605
Aziz Abdelmajeid
Listed by Aziz Abdelmajeid

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$135,000.00
$11,250.00/mo

Valuation Metrics

0
DSCR
9.64%
Cap Rate
9.64%
ROI

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Additional Information

Name
Aziz Abdelmajeid
License
471.022605
Brokerage
Inter Properties
Brokerage Phone
773.756.3376
Title
Broker of Record
Brokerage Address
1655 S Blue Island Ave
Name
Aziz Abdelmajeid
License
471.022605
Brokerage Phone
773-704-7740
Brokerage Address
1655 South Blue Island Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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