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2045 W Garfield Blvd 8 Unit Apartment Building $550,000 ($68,750/Unit) 12.10% Cap Rate Chicago, IL 60636
Investment Highlights
- Located at the Arterial Garfield Blvd
- Well Maintained by Long-Term Local Owner
- Baseboard Heating
- Opportunity to Raise Rents to Market Standard
Executive Summary
Professional Offering Memorandum Available by Request
Property Facts
| Price | $550,000 | Apartment Style | Low-Rise |
| Price Per Unit | $68,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 12.10% | Building Size | 4,920 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1965/2020 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RT-4 | ||
| Price | $550,000 |
| Price Per Unit | $68,750 |
| Sale Type | Investment |
| Cap Rate | 12.10% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,920 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2020 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 |
Amenities
Unit Amenities
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 545 - 625 |
| 2+1 | 7 | - | 625 |
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Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 20-18-105-005-0000 | Improvements Assessment | $22,880 |
| Land Assessment | $2,420 | Total Assessment | $25,300 |
Property Taxes
Parcel Number
20-18-105-005-0000
Land Assessment
$2,420
Improvements Assessment
$22,880
Total Assessment
$25,300
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
2045 W Garfield Blvd