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6500-6508 S Ingleside Ave 12 Unit Apartment Building $3,700,000 ($308,333/Unit) Chicago, IL 60637
INVESTMENT HIGHLIGHTS
- (4) New construction three flats with market leading finishes
- All 3 BD/2 BA unit layouts
- Private parking in rear
- Can be sold individually or in a package of 2, 3, or 4
- Units feature individual HVAC & in-unit laundry, vinyl flooring throughout, quartz countertops, and stainless steel appliances.
- Excellent Woodlawn location with proximity to University of Chicago
EXECUTIVE SUMMARY
Interra Realty has been exclusively engaged to present 6500-6508 S. Ingleside Ave. for sale. The offering consists of (4) luxury, new construction unit buildings consisting of all 3 BD/2 BA layouts with condo quality finishes. The properties are being offered for sale individually or in a package of 2, 3, or 4.
The units feature vinyl flooring throughout, quartz countertops, stainless steel appliances, washer/dryer in unit and central heat and air. The units have individual furnaces and water tanks.
The subject investment presents qualified investors the opportunity to acquire a turn key, brand new, high end condo quality product with the ability to achieve rents at the top of the rental market in the fast appreciating Woodlawn submarket.
The units feature vinyl flooring throughout, quartz countertops, stainless steel appliances, washer/dryer in unit and central heat and air. The units have individual furnaces and water tanks.
The subject investment presents qualified investors the opportunity to acquire a turn key, brand new, high end condo quality product with the ability to achieve rents at the top of the rental market in the fast appreciating Woodlawn submarket.
PROPERTY FACTS
| Price | $3,700,000 | Building Class | B |
| Price Per Unit | $308,333 | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 14,580 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $3,700,000 |
| Price Per Unit | $308,333 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 14,580 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 12 | - | - |
1 1
Walk Score®
Very Walkable (76)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $290,617 | |
| Land Assessment | $15,524 | Total Assessment | $306,141 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$15,524
Improvements Assessment
$290,617
Total Assessment
$306,141
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6500-6508 S Ingleside Ave
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