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6355 S Washtenaw Ave
Chicago, IL 60629
Multifamily Property For Sale
·
8 Units
Investment Highlights
- This property currently generates $141k in collected gross income yearly
- Tenants pay heat at this building
- Current cap rate of 10.9%, projected to increase to 12.1%
- Ability to move 1-bedroom rents to $1,675, 2- bedroom rents to $1,750, and 3-bedroom units to $1,825
Property Facts
| No. Units | 8 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 8,258 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | RS-3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 8,258 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | RS-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 700 |
| 2+1 | 4 | - | 850 |
| 3+1 | 2 | - | 1,000 |
Property Taxes
| Parcel Number | 19-24-202-026-0000 | Improvements Assessment | $59,026 |
| Land Assessment | $6,174 | Total Assessment | $65,200 |
Property Taxes
Parcel Number
19-24-202-026-0000
Land Assessment
$6,174
Improvements Assessment
$59,026
Total Assessment
$65,200
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