This Multifamily Property is no longer advertised on LoopNet.com.

5465 S Everett Ave
Chicago, IL 60615
Everett Apartments · Multifamily Property For Sale · 39 Units

Investment Highlights

  • [30] Studio Units | [8] 1-Bedroom Units | [1] 2-Bedroom Units
  • The property is 100% occupied, demonstrating a solid demand for rental housing in the area
  • Current rents are below market with the potential to increase to market
  • This property benefits from it's proximity to the University of Chicago, many national retailers, as well as lakeside accessibility
  • Current cap rate of 6.7%, projected to increase to 8.0% with market rents
  • This property is steps from the 53rd/55th Street Metra Station, offering 15 minute access to downtown Chicago

Property Facts

No. Units 39
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.26 AC
Building Size 29,192 SF
No. Stories 4
Year Built 1925
Zoning RM-6

Amenities

Unit Amenities

  • Air Conditioning
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Tub/Shower
  • Window Coverings

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 30 - 450
1+1 8 - 750
2+1 1 - 950

Property Taxes

Property Taxes

Parcel Number
20-12-114-031-0000
Land Assessment
$69,440
Improvements Assessment
$206,746
Total Assessment
$276,186
  • Listing ID: 36869944

  • Date on Market: 7/22/2025

  • Last Updated:

  • Address: 5465 S Everett Ave, Chicago, IL 60615

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