Listed by 33 Realty, 33 Realty LLC
Unpriced
25 Unit Multifamily | 914 W Hubbard St | Fulton Market
Details
APN 17-08-251-016-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 46,582
Units 25
NOI $1,045,662
Occupancy 96%
Tenancy Multi
Pro-Forma NOI $1,185,961
Class A
Year Built 2009
Buildings 1
Stories 4
Acreage 0.303
Zoning B2-3
Parking Spaces 1 per unit
Investment Type Value Add
Multifamily | 25 Units
Marketing description
Built in 2009 to individual condo specifications, floor-to-ceiling windows, in-unit washer/dryer, private balconies, and full-size kitchens. Build quality and unit layouts that today's institutional new-construction does not replicate at this price point.
25 units delivers institutional cash flow at a boutique footprint - large enough to attract professional management economies, small enough to be hands-on managed by a single ownership group. Penthouses anchor the rent roll with rents north of $9,000/month.
The B Line Mural Wall sits directly adjacent to 914 W Hubbard - a rotating, large-format public art installation for 50 years and one of Chicago's most photographed streetscapes.
Investment highlights
- Built in 2009 to individual condo specifications, floor-to-ceiling windows, in-unit washer/dryer, private balconies, and full-size kitchens. Build quality and unit layouts that today's institutional new-construction does not replicate at this price point.
- 25 units delivers institutional cash flow at a boutique footprint — large enough to attract professional management economies, small enough to be hands-on managed by a single ownership group. Penthouses anchor the rent roll with rents north of $9,000/month.
- 96% leased. No vacancy assumption beyond standard 3% turnover allowance. The buyer steps into a fully performing income stream from day one.
- Chicago's most in-demand urban neighborhood — nationally recognized for sustained growth.
- Renter demand consistently outpaces supply across the West Loop / Fulton Market corridor.
- Rising household formation and urban migration driving occupancy across the submarket.
- 50+ acclaimed restaurants, bars & nightlife venues within walking distance.
- Boutique hotels, fitness studios, wellness, and curated retail throughout the district.
- CTA Blue Line · Grand stop, 0.2 mi
- CTA Green + Pink Line · Morgan stop
- CTA bus · Halsted (#8) and Grand (#65)
- Metra · Ogilvie 0.9 mi
- Highway · I-90/94 on-ramp 0.4 mi east
Listing Contacts
Listed by 33 Realty, 33 Realty LLC
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$1,045,662.00
$87,138.50/mo
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