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2840 W Belle Plaine Ave
Chicago, IL 60618
AIA /// 8 UNITS /// IRVING PARK NEIGHBORHOOD · Multifamily Property For Sale
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8 Units
INVESTMENT HIGHLIGHTS
- 1 BLOCK TO HORNER PARK
- (5) OFF-STREET PARKING
- NEW STEEL PORCHES AND PLATFORMS
- 1BD/1BA AND 2BD/1.5BA APARTMENTS
- CIRCUIT BREAKERS IN-UNIT
- IMMEDIATE RENTAL UPSIDE
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 | $162,500 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.87% | Lot Size | 0.14 AC |
| Gross Rent Multiplier | 9.28 | Building Size | 10,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| Cap Rate | 6.87% |
| Gross Rent Multiplier | 9.28 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 10,000 SF |
| No. Stories | 2 |
| Year Built | 1964 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $29,876 | |
| Land Assessment | $36,425 | Total Assessment | $66,301 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$36,425
Improvements Assessment
$29,876
Total Assessment
$66,301
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