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2606 N California Ave 4 Unit Apartment Building $650,000 ($162,500/Unit) 7.50% Cap Rate Chicago, IL 60647
Investment Highlights
- [4] Total Units: [1] Commercial, [1] 3BD/1.5BA, [1] 3BD/1BA, [1] 2BD/1BA
- 3 Units are Leased by a Sober Living Home through 2027 | Commercial Unit is Leased by Sandwich Shop
- Great Logan Square Location - Cleared to Sell
- Cash-Flow Positive Day One: Incoming Investor is Poised to Achieve a 7.5% Cap Rate Day One
Executive Summary
Professional Offering Memorandum Available Upon Request.
Property Facts
| Price | $650,000 | Property Subtype | Apartment |
| Price Per Unit | $162,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 7.50% | Building Size | 3,000 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Zoning | RT-4 - Residential Two-Flat, Townhouse, and Multi-Unit | ||
| Price | $650,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built | 1910 |
| Zoning | RT-4 - Residential Two-Flat, Townhouse, and Multi-Unit |
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Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 13-25-307-077-0000 | Improvements Assessment | $52,986 |
| Land Assessment | $13,014 | Total Assessment | $66,000 |
Property Taxes
Parcel Number
13-25-307-077-0000
Land Assessment
$13,014
Improvements Assessment
$52,986
Total Assessment
$66,000
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Contact the Sale Advisor
2606 N California Ave