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13402 S Buffalo Ave 4 Unit Apartment Building $425,000 ($106,250/Unit) Chicago, IL 60633
Investment Highlights
- Strong Rental Market
- Convenient Suburban Location
- Value-Add Opportunity
- Transit Oriented Location
- Area Amenities
- Property Amenities
Executive Summary
Horvath & Tremblay is pleased to present the opportunity to purchase the multi-family investment property located at 13402 S Buffalo Avenue in Chicago, Illinois (the “Property”). The Property is improved by a two-story brick building and contains three (3), 2-Bedroom/1-Bathroom units, one (1), 1-Bedroom/1-Bathroom unit, and one non-conforming 1-Bedroom/1 Bathroom unit with 3,600 square feet of living area in 4,000 square feet of total area on a 0.21-acre corner parcel of land. The well-maintained brick apartment building features green space, an on-site laundry facility, and a detached garage at the rear of the Property. The property is in the Hegewisch neighborhood of Chicago located along the border of Illinois and Indiana. The property has excellent access to Interstates 90 and 94, US Route 41, IL Route 83, and IN Route 912, as well as convenient access to the Hegewisch Train Station with service on the South Shore Line. The quick highway and train access provides easy accessibility to both the Chicago Metropolitan Area and Northwest Indiana.
Property Facts
| Price | $425,000 | Building Class | C |
| Price Per Unit | $106,250 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1909 |
| Zoning | RS-3 | ||
| Price | $425,000 |
| Price Per Unit | $106,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1909 |
| Zoning | RS-3 |
Fairly walkable
40/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 26-31-404-023-0000 | Improvements Assessment | $13,250 |
| Land Assessment | $3,750 | Total Assessment | $17,000 |
Property Taxes
Parcel Number
26-31-404-023-0000
Land Assessment
$3,750
Improvements Assessment
$13,250
Total Assessment
$17,000
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13402 S Buffalo Ave
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