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AIA ///25 UNITS /// GARFIELD PARK 4100 W Washington Blvd 25 Unit Apartment Building $2,100,000 ($84,000/Unit) 11.20% Cap Rate Chicago, IL 60624
INVESTMENT HIGHLIGHTS
- ALL 2BD, 3BD & 4BD UNIT MIX
- IMMEDIATE RENTAL UPSIDE
- 4 BLOCKS TO CTA GREEN LINE TRAIN
- 84% 3BD & 4BD APARTMENTS
- 3 BLOCKS TO GARFIELD PARK
- PART OF 3-BUILDING, 85-UNIT WEST SIDE PORTFOLIO OFFERING
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 | $2,100,000 | Apartment Style | Low-Rise |
| Price Per Unit | $84,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.42 AC |
| Cap Rate | 11.20% | Building Size | 40,000 SF |
| Gross Rent Multiplier | 4.72 | No. Stories | 3 |
| No. Units | 25 | Year Built | 1907 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | RT-4 | ||
| Price | $2,100,000 |
| Price Per Unit | $84,000 |
| Sale Type | Investment |
| Cap Rate | 11.20% |
| Gross Rent Multiplier | 4.72 |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.42 AC |
| Building Size | 40,000 SF |
| No. Stories | 3 |
| Year Built | 1907 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Walk-Up
- Smoke Detector
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Walk Score®
Very Walkable (79)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 16-10-420-042-0000 | Improvements Assessment | $228,649 |
| Land Assessment | $26,465 | Total Assessment | $255,114 |
PROPERTY TAXES
Parcel Number
16-10-420-042-0000
Land Assessment
$26,465
Improvements Assessment
$228,649
Total Assessment
$255,114
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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AIA ///25 UNITS /// GARFIELD PARK | 4100 W Washington Blvd
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