2623 W 79th St | Chicago, IL 60652
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2623 W 79th St
Chicago, IL 60652
2623 W 79th St · Multifamily Property For Sale
·
7 Units
Property Facts
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1962/2015 |
| Lot Size | 0.10 AC | Parking Ratio | 0.71/1,000 SF |
| Building Size | 8,450 SF | ||
| Zoning | B1-1 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.10 AC |
| Building Size | 8,450 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2015 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | B1-1 |
About 2623 W 79TH ST , CHICAGO, IL 60652
3 rehabbed, 2 bed apartments and 4 stores (2 vacant at this time). Proforma 13.26% Cap, with actual NOI at $41,566, or an actual 9.7% cap rate with the 2 stores vacant. Extensive improvements in 2015 include upgraded electric, plumbing, porch work, new roof, new kitchens, bathrooms, etc.. Stable tenancy with upside on a rehabbed asset! Property is owned and managed by Lic. IL Real estate brokers. (agent owned interest)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,083 | - |
| 2+1 | 1 | $1,126 | - |
Property Taxes
| Parcel Number | 19-36-203-001-0000 | Improvements Assessment | $21,548 |
| Land Assessment | $6,855 | Total Assessment | $28,403 |
Property Taxes
Parcel Number
19-36-203-001-0000
Land Assessment
$6,855
Improvements Assessment
$21,548
Total Assessment
$28,403
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