7220 S Harvard Ave 6 Unit Apartment Building $575,000 ($95,833/Unit) 11.20% Cap Rate Chicago, IL 60621
INVESTMENT HIGHLIGHTS
- (6) 3 BD/1 BA units with spacious floor plans
- All 6 units have seen cosmetic updates featuring market leading finishes
- Strong in place rents
- Property has been gut renovated with updated electric and plumbing
- Individual hot water tanks and furnaces in every unit
PROPERTY FACTS
| Price | $575,000 |
| Price Per Unit | $95,833 |
| Sale Type | Investment |
| Cap Rate | 11.20% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,914 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1892 |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Yard
- Basement
- Deck
- Garden
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 of 1
Walk Score®
Very Walkable (70)
Transit Score®
Excellent Transit (72)
PROPERTY TAXES
| Parcel Number | 20-28-208-021-0000 | Improvements Assessment | $46,125 |
| Land Assessment | $1,875 | Total Assessment | $48,000 |
