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AIA /// 15 UNITS /// HUMBOLDT PARK 3725 W Grand Ave 15 Unit Apartment Building $1,600,000 ($106,667/Unit) 9.60% Cap Rate Chicago, IL 60651
Investment Highlights
- MOSTLY 2-BEDROOM APARTMENTS
- RENOVATED KITCHENS AND BATHS
- 4-CAR BRICK GARAGE
- TENANT HEATED BUILDING
- ELECTRICAL UPGRADE WITH 100 AMPS PER UNIT
- 2 BLOCKS TO CAMERON ELEMENTARY SCHOOL
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 | $1,600,000 | Property Subtype | Apartment |
| Price Per Unit | $106,667 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9.60% | Building Size | 20,000 SF |
| Gross Rent Multiplier | 6.2 | Average Occupancy | 90% |
| No. Units | 15 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1929 |
| Price | $1,600,000 |
| Price Per Unit | $106,667 |
| Sale Type | Investment |
| Cap Rate | 9.60% |
| Gross Rent Multiplier | 6.2 |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 20,000 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1929 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Walk-Up
- Smoke Detector
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Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 16-02-130-005-0000 | Improvements Assessment | $104,745 |
| Land Assessment | $10,855 | Total Assessment | $115,600 |
Property Taxes
Parcel Number
16-02-130-005-0000
Land Assessment
$10,855
Improvements Assessment
$104,745
Total Assessment
$115,600
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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AIA /// 15 UNITS /// HUMBOLDT PARK | 3725 W Grand Ave
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