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AIA /// 9 UNITS /// OAK PARK 512-514 W Harrison St 9 Unit Apartment Building $1,500,000 ($166,667/Unit) 7.16% Cap Rate Oak Park, IL 60304
Investment Highlights
- 3Bedroom/2Bath & 1Bedroom/1Bath Apartments
- 2 Blocks to Oak Park Blue Line CTA Train
- Well Maintained
- 5 Parking Spaces
- Recent Capital Improvements
- Immediate Rental Upside
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $166,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7.16% | Building Size | 8,802 SF |
| Gross Rent Multiplier | 8.5 | Average Occupancy | 95% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.05/1,000 SF |
| Zoning | R-7, Oak Park | ||
| Price | $1,500,000 |
| Price Per Unit | $166,667 |
| Sale Type | Investment |
| Cap Rate | 7.16% |
| Gross Rent Multiplier | 8.5 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 8,802 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | R-7, Oak Park |
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Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 16-18-229-031-0000 | Improvements Assessment | $55,485 |
| Land Assessment | $4,375 | Total Assessment | $59,860 |
Property Taxes
Parcel Number
16-18-229-031-0000
Land Assessment
$4,375
Improvements Assessment
$55,485
Total Assessment
$59,860
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AIA /// 9 UNITS /// OAK PARK | 512-514 W Harrison St
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