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2916 W 25th Place 2916 W 25th Pl 5 Unit Apartment Building $489,000 ($97,800/Unit) 5.99% Cap Rate Chicago, IL 60623
Investment Highlights
- All-Brick 4-Unit in the Front and a Coach House in the Rear
- Commuter-Friendly
Executive Summary
Introducing 2916 w 25th place a legal 5 unit property with an all-brick 4-unit building in the front and a coach house in the rear. Conveniently located close to all that little village has to offer. It is perfect for either an owner-occupant or an investor. this property is a fantastic investment. The building is commuter-friendly, with nearby shopping, dining, and recreational options. It's within walking distance to schools and public transportation, and just minutes from I-55 and I-290, providing easy access to downtown. this is an amazing income maker that is professionally managed grossing nearly 54k a year will all unit rented below market and room to raise rents significantly without doing much of anything. This is the unique multi-unit property you've been searching for. Schedule your tour today!
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $489,000 | Property Subtype | Apartment |
| Price Per Unit | $97,800 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.99% | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 9.07 | Building Size | 5,000 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1888 |
| Zoning | RT-4 - Residential | ||
| Price | $489,000 |
| Price Per Unit | $97,800 |
| Sale Type | Investment |
| Cap Rate | 5.99% |
| Gross Rent Multiplier | 9.07 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,000 SF |
| No. Stories | 3 |
| Year Built | 1888 |
| Zoning | RT-4 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $1,040 | 576 - 901 |
| 1+1 | 2 | $700.00 | 574 - 596 |
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Number | 16-25-125-039-0000 | Total Assessment | $41,000 (2025) |
| Land Assessment | $4,176 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $36,824 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
16-25-125-039-0000
Land Assessment
$4,176 (2025)
Improvements Assessment
$36,824 (2025)
Total Assessment
$41,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2916 W 25th Place | 2916 W 25th Pl
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