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6800 S Paxton Ave 12 Unit Apartment Building $995,000 ($82,917/Unit) 8.23% Cap Rate Chicago, IL 60649
INVESTMENT HIGHLIGHTS
- 100% Occupied building
- Comprised of (9) 3-Bd/1Ba Units and (3) 2-Bd/1Ba Units
- Prime location just blocks away from Lake Michigan and Jackson Park Golf Course
- Value Add Opportunity for investor to increase below market rents
- 2 Beds averaging $1,084 and 3 Beds averaging $1,228
PROPERTY FACTS
| Price | $995,000 | Apartment Style | Low-Rise |
| Price Per Unit | $82,917 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 8.23% | Building Size | 12,150 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RM-5 | ||
| Price | $995,000 |
| Price Per Unit | $82,917 |
| Sale Type | Investment |
| Cap Rate | 8.23% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 12,150 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Opportunity Zone |
Yes |
| Zoning | RM-5 |
1 1
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 20-24-410-012-0000 | Improvements Assessment | $69,624 |
| Land Assessment | $12,385 | Total Assessment | $82,009 |
PROPERTY TAXES
Parcel Number
20-24-410-012-0000
Land Assessment
$12,385
Improvements Assessment
$69,624
Total Assessment
$82,009
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6800 S Paxton Ave
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