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6841 S Dante Ave
Chicago, IL 60637
Dante Apartments · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Located 0.5 miles from the newly Obama Presidential Center (OPC)
- Remodeled interiors featuring hardwood floors & R&D heat control system
- Fully occupied, well-maintained 6-unit property with basement laundry
Executive Summary
Prime investment opportunity featuring a meticulously maintained, 6-unit multifamily property located just half a mile from the Obama Presidential Center. Each spacious unit offers approximately 1,200 SF of fully remodeled living space, complete with 2 bedrooms, 1 bath, hardwood flooring throughout, high ceilings, separate living and dining rooms, and included kitchen appliances (stove & fridge). Key infrastructure upgrades include a boiler replacement (2020), hot water tank replacement (2022), and a complete roof overlay with silver coat (2023). Additional amenities feature basement laundry facilities, an underground sprinkler system, and a 5-car brick garage.
Property Facts
| Price Per Unit | $120,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 7.28% | Building Size | 7,793 SF |
| Gross Rent Multiplier | 8.36 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | Residential/Multifamily - Residential/Multifamily | ||
| Price Per Unit | $120,833 |
| Sale Type | Investment |
| Cap Rate | 7.28% |
| Gross Rent Multiplier | 8.36 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,793 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1940 |
| Opportunity Zone |
Yes |
| Zoning | Residential/Multifamily - Residential/Multifamily |
Property Taxes
| Parcel Number | 20-23-407-011-0000 | Improvements Assessment | $46,269 |
| Land Assessment | $9,731 | Total Assessment | $56,000 |
Property Taxes
Parcel Number
20-23-407-011-0000
Land Assessment
$9,731
Improvements Assessment
$46,269
Total Assessment
$56,000
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