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2100 N Hoyne Ave 6 Unit Apartment Building $1,825,000 ($304,167/Unit) 5.01% Cap Rate Chicago, IL 60647
Investment Highlights
- 4 Residential Units + 2 Commercial Units
- Architecturally distinctive building featuring historic masonry construction and irreplaceable vintage character.
- Walkable location with immediate access to Bucktown’s premier dining, retail, entertainment, and transit amenities.
- Prominent corner property in the heart of Bucktown, one of Chicago’s most desirable and supply-constrained neighborhoods.
- Mixed-use asset offering diversified income through a combination of residential and commercial tenancy.
Executive Summary
2100 N. Hoyne Ave in Chicago, IL presents investors with the opportunity to acquire a well-positioned multifamily asset in the heart of Bucktown. Located between Bucktown and Wicker Park, the property benefits from exceptional walkability, strong renter demand, and convenient access to the CTA Blue Line and the Kennedy Expressway. The
asset offers investors the opportunity to enhance value through strategic interior renovations and operational improvements while capitalizing on Bucktown's historically
strong occupancy, limited multifamily inventory, and long term rental growth.
asset offers investors the opportunity to enhance value through strategic interior renovations and operational improvements while capitalizing on Bucktown's historically
strong occupancy, limited multifamily inventory, and long term rental growth.
Property Facts
| Price | $1,825,000 | Apartment Style | Low-Rise |
| Price Per Unit | $304,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.01% | Building Size | 5,760 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | ||
| Zoning | RS-3 - Residential | ||
| Price | $1,825,000 |
| Price Per Unit | $304,167 |
| Sale Type | Investment |
| Cap Rate | 5.01% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,760 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | RS-3 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 1 | - | 1,100 |
| 1+1 | 1 | - | 800 |
| 3+1.5 | 1 | - | 1,100 |
| 1+1 | 1 | - | 800 |
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Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 14-31-126-044-0000 | Improvements Assessment | $87,955 |
| Land Assessment | $20,880 | Total Assessment | $108,835 |
Property Taxes
Parcel Number
14-31-126-044-0000
Land Assessment
$20,880
Improvements Assessment
$87,955
Total Assessment
$108,835
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2100 N Hoyne Ave