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4934 W Jackson Blvd 7 Unit Apartment Building $999,000 ($142,714/Unit) 9.21% Cap Rate Chicago, IL 60644
Executive Summary
Turnkey 7-unit building that can be sold with management in place. Listed at a 9.2 CAP Rate. Recently renovated with separate utilities throughout. All units have NEW Individual Forced Air heating systems equipped with A coils for Central AC ready! Newer Porches, Newly Insulated enclosed porch areas for additional space in all units. New LP Siding, Commercial Oversized Gutters & Downspouts. New Electric wiring throughout, New Plumbing Throughout, New Drywall, insulation, All Kitchens, All Bathrooms, New hardwood Flooring throughout, Appliances throughout, Laundry for additional income. Newer: Windows, Roof, Tuck-pointing! POTENTIAL 4+ Car Brick Garage with brand new footings, roof, and supports! Booming Austin, close to transportation, between Beautiful Downtown Chicago & Trendy Oak Park! Easy to Rent units with potential rental upsides!!
Property Facts
| Price | $999,000 | Apartment Style | Low-Rise |
| Price Per Unit | $142,714 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 9.21% | Building Size | 7,788 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1915/2020 |
| Zoning | RT-4 | ||
| Price | $999,000 |
| Price Per Unit | $142,714 |
| Sale Type | Investment |
| Cap Rate | 9.21% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,788 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1915/2020 |
| Zoning | RT-4 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Vintage Building
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 16-16-211-028-0000 | Improvements Assessment | $50,466 |
| Land Assessment | $7,500 | Total Assessment | $57,966 |
Property Taxes
Parcel Number
16-16-211-028-0000
Land Assessment
$7,500
Improvements Assessment
$50,466
Total Assessment
$57,966
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4934 W Jackson Blvd