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235 N Mason Ave
Chicago, IL 60644
AIA /// 26 UNITS /// AUSTIN · Multifamily Property For Sale
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26 Units
Investment Highlights
- 2 FRESHLY RENOVATED BUILDINGS, 1/2 BLOCK APART
- TENANT HEATED BUILDINGS
- 2 BLOCKS FROM CTA GREEN LINE TRAIN (AUSTIN)
- ALL 2 & 3-BEDROOM APARTMENTS
- 1 BLOCK FROM SUBURBAN OAK PARK
- 3 BLOCKS TO ELLINGTON ELEMENTARY SCHOOL
Executive Summary
Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject property.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
Property Facts
| Price Per Unit | $125,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9.45% | Building Size | 40,000 SF |
| Gross Rent Multiplier | 6.82 | Average Occupancy | 100% |
| No. Units | 26 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1916 |
| Property Subtype | Apartment |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 9.45% |
| Gross Rent Multiplier | 6.82 |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 40,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1916 |
Property Taxes
| Parcel Number | 16-08-407-004-0000 | Improvements Assessment | $91,723 |
| Land Assessment | $8,880 | Total Assessment | $100,603 |
Property Taxes
Parcel Number
16-08-407-004-0000
Land Assessment
$8,880
Improvements Assessment
$91,723
Total Assessment
$100,603
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