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13536 S Brandon Ave 38 Unit Apartment Building $1,025,000 ($26,974/Unit) 14.61% Cap Rate Chicago, IL 60633
Investment Highlights
- One of the few properties in Chicago operating with an active Single Room Occupancy (SRO) license - allowing 34 rentable rooms
- Opportunity to Increase Value Through Strategic Lease-Up of SRO Units
- SRO Housing Meets Increasing Demand for Affordable Living Solutions
- [34] Single Room Occupancy (SRO) Units | [4] Commercial Units
- Situated Directly Across the Street from the Hegewisch Metra Electric Train Station
Executive Summary
Nara Advisors is pleased to exclusively market for sale 13536, a 38-unit single room occupancy (SRO) building located in Chicago's Hegewisch neighborhood.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | - |
1 1
Property Taxes
| Parcel Number | 26-31-409-024-0000 | Improvements Assessment | $61,023 |
| Land Assessment | $1,540 | Total Assessment | $62,563 |
Property Taxes
Parcel Number
26-31-409-024-0000
Land Assessment
$1,540
Improvements Assessment
$61,023
Total Assessment
$62,563
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13536 S Brandon Ave
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