Log In/Sign Up
Your email has been sent.
New Construction 3-Unit in Humbolt Park 623 Hamlin Ave 3 Unit Apartment Building $700,000 ($233,333/Unit) 7.71% Cap Rate Chicago, IL 60624
EXECUTIVE SUMMARY
NEW CONSTRUCTION!!! This stunning new construction 3-unit property is being built on an extra wide lot. The property will feature 3 units each with 2 bedrooms, 2 bathrooms and separate living/dining rooms on each floor along with off-white designer kitchen cabinets, a large peninsula, quartz counter, stainless steel appliances and hardwood floors throughout. There will be a 2-car garage and two additional parking. Great investment opportunity! November 2025 Delivery. Projected rent roll $1900-$2200/unit.
PROPERTY FACTS
| Price | $700,000 | Building Class | B |
| Price Per Unit | $233,333 | Building Size | 3,750 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| Cap Rate | 7.71% | No. Stories | 3 |
| No. Units | 3 | Year Built | 2025 |
| Property Type | Multifamily | Parking Ratio | 0.53/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $700,000 |
| Price Per Unit | $233,333 |
| Sale Type | Investment |
| Cap Rate | 7.71% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Building Size | 3,750 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.53/1,000 SF |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 3 | $2,050 | - |
1 1
PROPERTY TAXES
| Parcel Number | 16-11-113-033-0000 | Improvements Assessment | $26,754 |
| Land Assessment | $4,246 | Total Assessment | $31,000 |
PROPERTY TAXES
Parcel Number
16-11-113-033-0000
Land Assessment
$4,246
Improvements Assessment
$26,754
Total Assessment
$31,000
1 of 55
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
New Construction 3-Unit in Humbolt Park | 623 Hamlin Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.