Listed by @properties
$1,900,000
504 S Oakley Boulevard
Details
APN 17181280360000
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 6
Cap Rate 5.52%
NOI $105,012
Year Built 2014
Stories 3
Zoning MULTI
Multifamily | 5.52% CAP | 6 Units
Marketing description
This exceptional investment opportunity offers the acquisition of a modern 6-unit multifamily asset ideally located in the rapidly growing Tri-Taylor neighborhood of Chicago. Constructed in 2014, the property features condominium-quality finishes, efficient building systems, and thoughtfully designed floor plans that continue to attract strong tenant demand and support premium rental rates. The asset presents investors with a rare opportunity to acquire a newer construction multifamily building with minimal deferred maintenance and lower ongoing capital expenditure requirements compared to the area's aging housing stock. Its combination of modern amenities, strong rental appeal, and strategic location near major medical campuses, universities, public transportation, and downtown Chicago positions the property for stable cash flow and long-term appreciation potential. Unit mix: 1 duplex down-4 bed/4 bath, 1 duplex down- 3 bed/2 bath, 4 simplex- 2 bed/ 2bath
Listing Contacts
Listed by @properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,012.00
$8,751.00/mo
Valuation Metrics
0
DSCR
5.53%
Cap Rate
5.53%
ROI
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