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542 E 80th St
Chicago, IL 60619
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Reliable multifamily investment with upside
- Two-bedroom layouts support rental demand
- Rent Upside - market rent
- Near transit lines and daily conveniences
- Individual Furnace Heat
- 11-unit residential building in East Chatham
Executive Summary
542 E 80th Street offers an established multifamily footprint in the West Chatham area of Chicago. The building contains 11 apartments, made up of ten two-bedroom units and one one-bedroom unit, providing a layout that caters well to long-term neighborhood renter demand. Surrounded by a mix of residential housing, local conveniences, and accessible transit routes, the property operates as a steady South Side income asset. With durable fundamentals, 542 E 80th presents a practical investment opportunity with long term valuation appreciation
Property Facts
| Price Per Unit | $77,273 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 12.39% | Building Size | 10,900 SF |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RT-4 | ||
| Price Per Unit | $77,273 |
| Sale Type | Investment |
| Cap Rate | 12.39% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 10,900 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 900 |
| 2+1 | 10 | - | 1,000 |
Property Taxes
| Parcel Number | 20-34-203-036-0000 | Improvements Assessment | $66,480 |
| Land Assessment | $8,720 | Total Assessment | $75,200 |
Property Taxes
Parcel Number
20-34-203-036-0000
Land Assessment
$8,720
Improvements Assessment
$66,480
Total Assessment
$75,200
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