1613 W 87th St - Apartments FOR SALE
Chicago, IL 60620 |
$875,000 USD
312-327-5455
1613 W 87th St
Chicago, IL 60620
HIGHLIGHTS
- All residential units feature electric baseboard heat and have individual hot water heaters in unit. This takes out the risk of a major capital expend
- Besides the long term retail tenant that occupies both retail spaces, the residential rent roll consists of 100% voucher tenants guaranteeing top of m
- The property is currently achieving top of market rents in a number of their newest leases. This allows an investor to walk into a stabilized, top of
FOR SALE DETAILS
PRICE
$875,000 USD
PRICE/SF
$101 USD /SF
# OF UNITS
8
PRICE/UNIT
$109,375
CAP RATE
11.02%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1929
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
6,098 SF
ZONING
B3-2
APN/PARCEL ID
25-06-206-003-0000
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312-327-5455
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312-327-5455
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