820 E 92nd St - Apartments FOR SALE


Chicago, IL 60619
$400,000 USD
773-293-5090
820 E 92nd St, Chicago, IL for Sale
$400,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

820 E 92nd St
Chicago, IL 60619


HIGHLIGHTS

  • Significant Value Add Opportunity
  • 100% Vacant
  • $40k per unit
  • Ten (10) 1Bd/1Ba Units

OVERVIEW

Kiser Group is pleased to exclusively present for purchase 820 E. 92nd St. A ten (10) unit California style building in Chicago's Burnside neighborhood. The property is right across the street from The Lorraine L. Dixon Park and a short walk away from the 91st Metra Station. 820 E. 92nd St. consists of ten (10) 1Bd/1Ba units. By completing the necessary rehab, this gives an owner flexible options on what they can achieve with this building. The property also includes 6 parking spots on the west side of the property. 7945 S. Dobson Ave. requires plenty of TLC, providing a new owner the opportunity to add significant value through renovations of the apartments. This is a unique opportunity to hand select a tenant base, an owner can achieve a cash flowing asset by setting rental rates already achieved in the area.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

10

PRICE/UNIT

$40,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,506 SF

ZONING

RT-4

APN/PARCEL ID

25-02-300-030-0000,25-02-300-031-0000,25-02-300-032-0000,25-02-300-033-0000

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.