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440-448 N State St 14 Unit Apartment Building $5,500,000 ($392,857/Unit) 6.69% Cap Rate Chicago, IL 60654
INVESTMENT HIGHLIGHTS
- Unit Mix: Two Studio, Nine Two-Bedroom/One-And-A Half-Bath, Three Commercial
- On-Site Laundry Facility
- Strong Rental Market & Desirable Unit Mix
- Basement for Storage Use
PROPERTY FACTS
| Price | $5,500,000 | Property Subtype | Apartment |
| Price Per Unit | $392,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.69% | Building Size | 392,857 SF |
| Gross Rent Multiplier | 9.11 | No. Stories | 2 |
| No. Units | 14 | Year Built | 1894 |
| Property Type | Multifamily |
| Price | $5,500,000 |
| Price Per Unit | $392,857 |
| Sale Type | Investment |
| Cap Rate | 6.69% |
| Gross Rent Multiplier | 9.11 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 392,857 SF |
| No. Stories | 2 |
| Year Built | 1894 |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $292,600 | |
| Land Assessment | $165,600 | Total Assessment | $458,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$165,600
Improvements Assessment
$292,600
Total Assessment
$458,200
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440-448 N State St
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