2346 S Whipple St - Apartments FOR SALE


Chicago, IL 60623- Little Village
$785,000 USD
312-724-7010
2346 S Whipple St, Chicago, IL for Sale
$785,000 USD
Apartments - FOR SALE
1/31
null | 8.55% Cap Rate

2346 S Whipple St
Chicago, IL 60623
Little Village


HIGHLIGHTS

  • Six (6) Units in Little Village Neighborhood
  • Gut Renovated Units with Concrete C-tops, Stainless Steel Appliances, Central HVAC and In-Unit Washer and Dryer in all Units
  • New Electric, Plumbing, LVT and Hardwood Flooring (Refinished Hardwood Flooring in Units 2F and 3F
  • 10 Minute Walk from Kedzie Pink Line CTA
  • Favorable Unit Mix of All Two Bedroom, One Bath Units
  • Immediate Rental Upside

OVERVIEW

Interra Realty has been exclusively engaged to bring to market 2346 S Whipple St, a six (6) unit multifamily property in the Little Village neighborhood. The property is located off the corner of 24th and Whipple, and just a 10 minute walk to the Kedzie Pink Line CTA Train. This property was recently gut renovated, having been completed in 2023. The building features six (6) gut rehabbed high end units with concrete counter tops, new cabinetry, stainless steel appliances, in-unit laundry, dishwashers, hardwood flooring, and central heat and AC. The building includes new electric, plumbing, new flooring (refinished hardwood in units 2F and 3F), ductwork, furnaces, and AC condensers. There is a favorable unit mix of all two bedroom, one bath units with rental upside for a new owner.

FOR SALE DETAILS

PRICE

$785,000 USD

PRICE/SF

$143 USD /SF

# OF UNITS

6

PRICE/UNIT

$130,833

CAP RATE

8.55%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,006 SF

ZONING

RT-4

APN/PARCEL ID

16-25-109-041-0000

ASK ABOUT THIS PROPERTY

Jeremy MortonInterra RealtyMore Info
312-724-7010

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Jeremy MortonInterra RealtyMore Info
312-724-7010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.