544-554 E Oakwood Blvd - Apartments FOR SALE


Chicago, IL 60653- Bronzeville
$3,650,000 USD
773-293-5090
544-554 E Oakwood Blvd, Chicago, IL for Sale
$3,650,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

544-554 E Oakwood Blvd
Chicago, IL 60653
Bronzeville


HIGHLIGHTS

  • Prime Bronzeville Location
  • Sixteen (16) 2Bd/1Ba, Two (2) 3Bd/2Ba, & One (1) 4Bd/2Ba
  • Newer Windows, Roof, Plumbing, & Individual HVAC
  • $2,579,820 Balance and 7 Years Remaining
  • Assumable Financing Option w/ 3.53% Interest Rate

OVERVIEW

Kiser Group is pleased to exclusively present for purchase 544 E. Oakwood Blvd, a beautiful nineteen (19) unit building in the coveted Bronzeville neighborhood of Chicago. Just minutes from downtown, and steps from Lake Michigan. 544 E. Oakwood is an ideally located building for any investor. 544 E. Oakwood is conveniently comprised of sixteen (16) 2Bd/1Ba units, two (2) 3Bd/2Ba units, and one (1) 4Bd/2Ba unit. All of which feature spacious layouts, individual HVAC, and hardwood flooring throughout. The building has been meticulously maintained and updated over the years resulting in its fantastic shape. Improvements to building include, but are not limited to, newer windows, new porches, updated plumbing, silver coated roof, original marble common areas, onsite laundry facility, and many other stunning attributes. 544 E. Oakwood offers an investor the opportunity to acquire a stabilized, cash-flowing asset in one the South Side's most sought after and developing neighborhoods. Additionally, an investor has the option to assume the existing fixed rate debt (terms below) through Freddie Mac. ASSUMABLE FINANCING: Buyer has the option to assume the current loan, approximate terms are: - $2,579,820 - 3.53% Rate w/ 2 Years I/O Remaining - 7 Years Remaining

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$122 USD /SF

# OF UNITS

19

PRICE/UNIT

$192,105

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

19 Units /// Bronzeville

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

20-03-201-027-0000

ASK ABOUT THIS PROPERTY

Noah BirkKiser GroupMore Info
773-293-5090

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Noah BirkKiser GroupMore Info
773-293-5090

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