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6355 S California Ave 18 Unit Apartment Building $1,530,000 ($85,000/Unit) 9.65% Cap Rate Chicago, IL 60629
Executive Summary
Professional OM available upon request
(6) 0Bd/1Ba
(3) 1Bd/1Ba
(6) 2Bd/1Ba
(3) 3Bd/1Ba
9.65% In-place cap rate
(6) 0Bd/1Ba
(3) 1Bd/1Ba
(6) 2Bd/1Ba
(3) 3Bd/1Ba
9.65% In-place cap rate
Property Facts
| Price | $1,530,000 | Apartment Style | Low-Rise |
| Price Per Unit | $85,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 9.65% | Building Size | 11,700 SF |
| Gross Rent Multiplier | 5.62 | Average Occupancy | 100% |
| No. Units | 18 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | 10 | ||
| Price | $1,530,000 |
| Price Per Unit | $85,000 |
| Sale Type | Investment |
| Cap Rate | 9.65% |
| Gross Rent Multiplier | 5.62 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 11,700 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | 10 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 450 - 550 |
| 1+1 | 3 | - | 550 - 650 |
| 2+1 | 6 | - | 650 - 750 |
| 3+1 | 3 | - | 750 - 850 |
1 1
Very walkable
80/100
Fairly drivable
40/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 19-24-200-016-0000 | Improvements Assessment | $125,798 |
| Land Assessment | $7,502 | Total Assessment | $133,300 |
Property Taxes
Parcel Number
19-24-200-016-0000
Land Assessment
$7,502
Improvements Assessment
$125,798
Total Assessment
$133,300
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6355 S California Ave
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