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5833-5845 W Division St 31 Unit Apartment Building $1,800,000 ($58,065/Unit) 9.10% Cap Rate Chicago, IL 60651
Investment Highlights
- $58K/Unit
- Opportunity to Raise Below Market Rents
- Central Boiler Building
- Located on the Arterial Division St
Executive Summary
Professional Offering Memorandum Available Upon Request.
Property Facts
| Price | $1,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $58,065 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 9.10% | Building Size | 26,772 SF |
| No. Units | 31 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | B3-1 | ||
| Price | $1,800,000 |
| Price Per Unit | $58,065 |
| Sale Type | Investment |
| Cap Rate | 9.10% |
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 26,772 SF |
| No. Stories | 3 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | B3-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 1+1.5 | 2 | - | - |
| 2+1 | 14 | - | - |
| 3+1 | 2 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 16-05-402-019-0000 | Improvements Assessment | $183,656 |
| Land Assessment | $15,185 | Total Assessment | $198,841 |
Property Taxes
Parcel Number
16-05-402-019-0000
Land Assessment
$15,185
Improvements Assessment
$183,656
Total Assessment
$198,841
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5833-5845 W Division St
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