247 Chicago Ave | Las Vegas, NV 89102
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- LoopNet Team
247 Chicago Ave
Las Vegas, NV 89102
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Quali?ed Opportunity Zone & Redevelopment Zone: Located in Naked City, a designated revitalization area
- Strategic Location: Minutes from Downtown Las Vegas, Arts District, and the Strip
- Investment Type: Value-add opportunity with stable current income
- Neighborhood Momentum: Multiple new residential and commercial projects underway
- Tenant Pro?le: Ideal for Strip employees and young professionals
- Growth Drivers: City-supported neighborhood redevelopment initiatives, expanding Arts District, and increasing demand for workforce housing
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 6,528 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | ||
| Zoning | R4, Las Vegas | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 6,528 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | R4, Las Vegas |
AMENITIES
SITE AMENITIES
- Laundry Facilities
PROPERTY TAXES
| Parcel Number | 162-04-710-120 | Improvements Assessment | $57,089 |
| Land Assessment | $63,000 | Total Assessment | $120,089 |
PROPERTY TAXES
Parcel Number
162-04-710-120
Land Assessment
$63,000
Improvements Assessment
$57,089
Total Assessment
$120,089
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