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5627 S Indiana Ave 6 Unit Apartment Building Offered at $800,000 at a 10% Cap Rate Chicago, IL 60637
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Significant Rental Upside: Rents +50% Below Market
- Individually Furnaced, Tenants Pay Heat
- Favorable Mix of all 3BD/2BA Units
- 3 Garage Parking Spaces + Off-Street Parking
- Located Two Blocks From CTA Green Line Garfield Stop
Executive Summary
Nara Realty Advisors is pleased to exclusively market for sale 5627 S Indiana Ave, a 6-unit apartment building located in Chicago's Washington Park neighborhood.
Property Facts
| Price | $800,000 | Property Type | Multifamily |
| Price Per Unit | $133,333 | Building Size | 12,000 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 10% | Year Built | 1902 |
| No. Units | 6 | Opportunity Zone |
Yes
|
| Price | $800,000 |
| Price Per Unit | $133,333 |
| Sale Type | Investment |
| Cap Rate | 10% |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 12,000 SF |
| No. Stories | 3 |
| Year Built | 1902 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 6 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Very bikeable
80/100
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5627 S Indiana Ave