Log In/Sign Up
Your email has been sent.
6456 S Parnell Ave 9 Unit Apartment Building $850,000 ($94,444/Unit) 11.30% Cap Rate Chicago, IL 60621
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Ownership Recently Upgraded Units with Newer Floors, Kitchens, Bathrooms, etc.
- New Individual Furnaces, Tenants Pay Heat
- Favorable Mix of [2] 2BD/1BA, [6] 3BD/1BA, [1] 4BD/1BA
- Rare Opportunity to Acquire Mostly Vacant but Fully Rentable Building and Control Leasing
- Recent Renovations Include New Roof, Windows, and Sewer Main
Executive Summary
Nara Realty Advisors is pleased to exclusively market for sale 6456 S Parnell Ave, a 9-unit apartment building located in Chicago's Englewoood neighborhood.
Property Facts
| Price | $850,000 | Apartment Style | Low-Rise |
| Price Per Unit | $94,444 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 11.30% | Building Size | 7,800 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1896 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| Price | $850,000 |
| Price Per Unit | $94,444 |
| Sale Type | Investment |
| Cap Rate | 11.30% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 7,800 SF |
| No. Stories | 3 |
| Year Built | 1896 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+1 | 6 | - | - |
| 4+1 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 20-21-111-024-0000 | Improvements Assessment | $60,158 |
| Land Assessment | $3,842 | Total Assessment | $64,000 |
Property Taxes
Parcel Number
20-21-111-024-0000
Land Assessment
$3,842
Improvements Assessment
$60,158
Total Assessment
$64,000
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
6456 S Parnell Ave