7201-7214 N Western Ave - Apartments FOR SALE


Chicago, IL 60645
$2,650,000 USD
773-418-9520
7201-7214 N Western Ave, Chicago, IL for Sale
$2,650,000 USD
Apartments - FOR SALE
1/7
null | 7% Cap Rate

7201-7214 N Western Ave
Chicago, IL 60645


HIGHLIGHTS

  • Heavy daytime foot traffic
  • Great intersection exposure

OVERVIEW

606 Realty LLC is pleased to exclusively offer for purchase 7201 N Western, a turnkey, mixed-use building featuring ten (10) residential units and eleven (11) ground-floor commercial spaces, located in Chicago's West Ridge area. Most units have been cosmetically updated with modern kitchens and bathrooms. Each apartment is separately metered with individual tenant-paid heat. The property offers a unique opportunity to acquire a strong, stabilized cash-flowing asset with an in-place cap rate of 7% from day one.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

21

PRICE/UNIT

$126,190

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

B3-2

APN/PARCEL ID

11-30-318-009-0000

ASK ABOUT THIS PROPERTY

Tim Mehmeti606 Realty LLCMore Info
773-418-9520

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Tim Mehmeti606 Realty LLCMore Info
773-418-9520

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