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7105 S Champlain Ave 41 Unit Apartment Building $2,500,000 ($60,976/Unit) 11.20% Cap Rate Chicago, IL 60619
INVESTMENT HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Located Along I-90 - Providing Easy Access to Downtown Chicago
- Central Boiler Heating
- Recently Rehabbed by Ownership: New CCTV System, Stainless Steel Appliances in Most Turned Units, New Roof, New Hot Water Boiler (As of 2023)
- Opportunity to Add Value by Increasing Currently Below Market Rents
EXECUTIVE SUMMARY
Nara Advisors is pleased to exclusively market for sale 7105 S Champlain, a 41-unit apartment building located in Chicago's Greater Grand Crossing neighborhood.
PROPERTY FACTS
| Price | $2,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $60,976 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 11.20% | Building Size | 15,115 SF |
| No. Units | 41 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment |
| Price | $2,500,000 |
| Price Per Unit | $60,976 |
| Sale Type | Investment |
| Cap Rate | 11.20% |
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.35 AC |
| Building Size | 15,115 SF |
| No. Stories | 3 |
| Year Built | 1929 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 20-27-205-001-0000 | Improvements Assessment | $332,285 |
| Land Assessment | $15,115 | Total Assessment | $347,400 |
PROPERTY TAXES
Parcel Number
20-27-205-001-0000
Land Assessment
$15,115
Improvements Assessment
$332,285
Total Assessment
$347,400
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7105 S Champlain Ave
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