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31412211
31412212

8602 S Euclid Ave, Chicago, IL 60617

LW
IL IL 475139979
Triton Realty Group LLC
Listed by Triton Realty Group LLC
$1,825,000
65 days on market
Updated 46 days ago

Euclid Building

Details
Property Type Multifamily
Sub Type Apartment Building
Units 19
Cap Rate 9.09%
NOI $165,866
Pro-Forma Cap Rate 10.16%
Pro-Forma NOI $185,361
Broker Co-Op Yes
Class C
Buildings 1
Stories 3
Lot Size (SqFt) 7,805
Zoning RS-2

Multifamily | 19 Units | $96,053/unit

Marketing description

Triton Realty Group LLC is proud to present 8602 S. Euclid, a yellow brick Tudor style 19

unit building located in the desirable south side neighborhoods of Avalon Park/Calumet

Heights. All units are large 1bd's with separate dining rooms. Recent improvements

include tear off shingle roof on Euclid side (2021), sealed flat roof (2024), insulated roof

cavity throughout (2019), new insulated hot water main (2018), efficient steam boiler

(2019), common area carpet (2022), painted stairwells, common area carpet in front and

refinished steps and landings in rear stairwells, new electrical fixtures in front and rear

stairwells, security cameras, security cameras (2020). Strong in place income of over

270k with room for growth. Quiet residential street but close to highway, parks and Lake

Michigan

Investment highlights

Large 1 bd units with separate dining rooms

Steam Boiler(2019)

Quiet residential location attractive for tenants

Rent upside in existing condition

Listing Contacts

LW
IL IL 475139979
Triton Realty Group LLC
Listed by Triton Realty Group LLC

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,866.00
$13,822.17/mo

Valuation Metrics

0
DSCR
9.09%
Cap Rate
9.09%
ROI

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Additional Information

Name
Luke Wojcik
License
IL 475139979
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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