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6600 S Ingleside Ave
Chicago, IL 60637
Woodlawn · Multifamily Property For Sale
·
28 Units
Property Facts
| No. Units | 28 | Building Size | 19,600 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | B | Parking Ratio | 0.61/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | 10 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 19,600 SF |
| Average Occupancy | 89% |
| No. Stories | 3 |
| Year Built | 1924 |
| Parking Ratio | 0.61/1,000 SF |
| Zoning | 10 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Public Transportation
- Smoke Detector
About 6600 S INGLESIDE AVE , CHICAGO, IL 60637
Kiser Group is pleased to exclusively present for purchase 6600 S. Ingleside, a twenty-eight (28) unit value-add property in the East Woodlawn Neighborhood of Chicago. The building consists of (22) 2BD/1BA units and one (6) 1BD/1BA unit. Recent improvements to the property include a newer boiler, hot water heater, and porches. This investment offers an opportunity to acquire a stabilized cash flowing asset, with an in place cap rate of 10.02% as well as a cash-on-cash return of 21.83% at list price. Through improvements and updates to the property a new owner can achieve a cap rate of 12.83% and over a 33.09% cash-on-cash return in one of the fastest growing neighborhoods of the city.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 700 |
| 2+1 | 22 | - | 700 |
Property Taxes
| Parcel Number | 20-23-122-019-0000 | Improvements Assessment | $213,226 |
| Land Assessment | $15,474 | Total Assessment | $228,700 |
Property Taxes
