Listed by Enterprise Realty Brokers Inc
$1,375,000
8649 W Foster Avenue
Details
APN 12113100550000
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 6
Cap Rate 6.40%
NOI $88,106
Year Built 1977
Stories 3
Lot Size (SqFt) 2,295
Zoning MULTI
Multifamily | 6.40% CAP | 6 Units
Marketing description
Armchair investment. Extra clean & well-maintained brick building. All 6 units are 2-bedroom, 1.5-bath. The association is responsible for landscaping, parking, snow removal, and water. Most apartments are nicely updated and in great condition. Full basement has a laundry room with 2 washers & 2 dryers, a storage cage for each unit, and a large room that can be used for storage for extra income. Amazing location-easy to rent. Steps from school, close to Forest Preserve, Blue Line, I-90, O'Hare! Whether you're seeking a turnkey investment or a value-add opportunity, this well-located asset offers both solid current income and future growth potential.
Listing Contacts
Listed by Enterprise Realty Brokers Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,106.00
$7,342.17/mo
Valuation Metrics
0
DSCR
6.41%
Cap Rate
6.41%
ROI
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