6501 S Maplewood Ave | Chicago, IL 60629
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- LoopNet Team
6501 S Maplewood Ave
Chicago, IL 60629
Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Favorable Unit Mix Features Six One-Bed/One-Bath, Three Two-Bed/One-Bath, and Two Three-Bed/One-Bath Units
- Three Units Have Opportunity for Upside Through Renovations and Rent Increases
- Major CapEx Improvements Include Seven Full Unit Renovations and a Brand New Boiler in 2022. Lentils Replaced in 2024
- 91% Subsidized Rents Upon Stabilization
PROPERTY FACTS
| No. Units | 11 | Building Size | 9,200 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1921 |
| Building Class | C | Parking Ratio | 0.22/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | RS-3, Chicago - Residential | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,200 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1921 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | RS-3, Chicago - Residential |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 750 |
| 2+1 | 3 | - | 900 |
| 3+1 | 2 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 19-24-221-001-0000 | Improvements Assessment | $55,849 |
| Land Assessment | $7,351 | Total Assessment | $63,200 |
PROPERTY TAXES
Parcel Number
19-24-221-001-0000
Land Assessment
$7,351
Improvements Assessment
$55,849
Total Assessment
$63,200
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