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7127 S Normal Blvd 6 Unit Apartment Building $775,000 ($129,167/Unit) 13.64% Cap Rate Chicago, IL 60621
Executive Summary
TURNKEY, Jumbo center entrance 6 unit that has been recently fully renovated. Building features 6 large units including an excellent unit mix of 4 x 3 bedrooms and 2 x 5 bedroom duplex units. Each unit has new plumbing, electrical, kitchens, baths, appliances and more! Each unit has hardwood flooring and features in unit laundry and separate furnaces with central A/C. Beautiful brand new kitchens have new cabinets, quartz counters, backsplash, plumbing finishes and appliances. The building just had a brand new tear off roof, 100% new!! In the back, there is a parking area for tenants use. All utilities are separated and tenants are responsible for their own gas and electricity.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $775,000 | Apartment Style | Low-Rise |
| Price Per Unit | $129,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 13.64% | Building Size | 6,600 SF |
| Gross Rent Multiplier | 5.62 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1904/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RT-4 - RT-4 | ||
| Price | $775,000 |
| Price Per Unit | $129,167 |
| Sale Type | Investment |
| Cap Rate | 13.64% |
| Gross Rent Multiplier | 5.62 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,600 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1904/2025 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 - RT-4 |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 4 | $1,750 | 1,000 |
| 5+2 | 2 | $2,250 | 1,300 |
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Property Taxes
| Parcel Number | 20-28-106-005-0000 | Total Assessment | $29,000 (2025) |
| Land Assessment | $1,875 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $27,125 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
20-28-106-005-0000
Land Assessment
$1,875 (2025)
Improvements Assessment
$27,125 (2025)
Total Assessment
$29,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Presented by
Halsted Taylor Real Estate
7127 S Normal Blvd
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