EGP Realty
Listed by EGP Realty
$819,900
6915 S. Peoria
Details
APN 30204220080000
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 5
Occupancy 100%
Tenancy Vacant
Rent Bumps No
Pro-Forma Cap Rate 14.99%
Pro-Forma NOI $122,900
Broker Co-Op Yes
Class C
Year Built 1920
Stories 3
Lot Size (SqFt) 3,720
Zoning MULTI
Investment Type Stabilized
Multifamily | 5 Units | $163,980/unit
Marketing description
6915 S. Peoria is a newly renovated, 5-unit apartment building located on an excellent block in Chicago's up & coming Englewood neighborhood. This asset has undergone a full renovation in 2025 & 2026. The scope of work includes (among other things) 5 new GFA/ACs, 2 new tankless hot water heaters, new appliances and a new roof. The Projected cap rate will be in-excess of 13 pct and the unit mix of this property is truly unique and is composed of 5 HUGE apartments (2 x 3/2s, 2 x 4/2s & 1 x 5/2). Hungry? Sustenance at Aldi & Whole Foods are just 3 & 4 minutes away respectively. Need to get back to the office? The CTA's Halsted Green Line stop is 2 minutes from your front door. Need to get out of Dodge? The Eisenhower Expressway is a 4-minute drive due South. 6th Ward Alderman Roderick Sawyer runs the show.
Investment highlights
5 Huge Units
Brand New Renovation
60% Occupancy
Pro Forma 20% Cap Rate
Lease-Up Underway
Listing Contacts
EGP Realty
Listed by EGP Realty
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