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10952 S Vernon Ave 12 Unit Apartment Building $1,125,000 ($93,750/Unit) 10.70% Cap Rate Chicago, IL 60628
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Cash Flowing Asset: Incoming Investor is Poised to Achieve a 10.1% Cap Rate Day One
- Central Boiler Building
- Strong Unit Mix: [1] 1BD/1BA [10] 2BD/1BA [1] 3BD/1BA
- Meticulously Operated by Long-Term Local Owners
- Significant In-Place Rents
Executive Summary
Nara Advisors is pleased to exclusively market for sale 10954 S Vernon, a 12-unit apartment building located in Chicago's Pullman neighborhood.
Property Facts
| Price | $1,125,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $93,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 10.70% | Building Size | 16,000 SF |
| No. Units | 12 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1913 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RT-4 | ||
| Price | $1,125,000 |
| Price Per Unit | $93,750 |
| Sale Type | Investment |
| Cap Rate | 10.70% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 16,000 SF |
| No. Stories | 4 |
| Year Built | 1913 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
Property Taxes
| Parcel Number | 25-15-411-024-0000 | Improvements Assessment | $83,860 |
| Land Assessment | $13,240 | Total Assessment | $97,100 |
Property Taxes
Parcel Number
25-15-411-024-0000
Land Assessment
$13,240
Improvements Assessment
$83,860
Total Assessment
$97,100
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10952 S Vernon Ave
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