6501 S Maplewood Ave - Apartments FOR SALE
Chicago, IL 60629 |
$825,000 USD
312-327-5455
6501 S Maplewood Ave
Chicago, IL 60629
HIGHLIGHTS
- Favorable Unit Mix Features Six One-Bed/One-Bath, Three Two-Bed/One-Bath, and Two Three-Bed/One-Bath Units
- Major CapEx Improvements Include Seven Full Unit Renovations and a Brand New Boiler in 2022. Lentils Replaced in 2024
- Three Units Have Opportunity for Upside Through Renovations and Rent Increases
- 91% Subsidized Rents Upon Stabilization
FOR SALE DETAILS
PRICE
$825,000 USD
PRICE/SF
$90 USD /SF
# OF UNITS
11
PRICE/UNIT
$75,000
CAP RATE
8.34%
% LEASED
0%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1921
PARKING SPACES
2
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,252 SF
ZONING
RS-3, Chicago
APN/PARCEL ID
19-24-221-001-0000
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312-327-5455
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312-327-5455
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