636 E 44th St | Chicago, IL 60653
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- LoopNet Team
636 E 44th St
Chicago, IL 60653
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Acquire a 6-unit building in Chicago’s highly sought-after Bronzeville neighborhood with a strong 8.30% cap rate and immediate cash flow.
- Balanced mix of (4) 3-bed/1-bath and (2) 2-bed/1-bath apartments, ideal for attracting a variety of renters.
- Professional Offering Memorandum Available Upon Request
- Situated on an extra-wide corner lot overlooking Armstrong Park, the property offers easy access to the CTA Green Line, bus stops, I-90, and LSD
- Apartments include hardwood floors, updated kitchens and bathrooms, and spacious living/dining rooms, along with new hot water tanks, a rebuilt boil
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 7,425 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1873 |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 7,425 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1873 |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $1,460 | 950 |
| 3+1 | 4 | $1,730 | 1,350 - 1,400 |
PROPERTY TAXES
| Parcel Number | 20-03-404-042-0000 | Improvements Assessment | $48,200 |
| Land Assessment | $16,800 | Total Assessment | $65,000 |
PROPERTY TAXES
Parcel Number
20-03-404-042-0000
Land Assessment
$16,800
Improvements Assessment
$48,200
Total Assessment
$65,000
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