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731 Plymouth 731 S Plymouth Ct 96 Unit Apartment Building For Sale 6% Cap Rate Chicago, IL 60605
Executive Summary
Jones Lang LaSalle Americas (Illinois), L.P. (JLL), is pleased to present 731 Plymouth, a 96-unit boutique apartment building in Chicago's Printer's Row. The 1925-built property features one-, two-, and three-bedroom units with community amenities and fully occupied retail space. Located near the Harrison Red Line and multiple universities (UIC, Columbia College, Roosevelt), it offers convenient access to the Loop, West Loop, Museum Campus, and Lake Michigan. The property presents significant value-add potential through unit renovations to capture rental premiums. Available free and clear or with assumable debt.
Refer to the listing link for additional details on this investment opportunity. Please reach out to Sam Grohe, Bill Baumann, or David Gaines with any questions.
https://invest.jll.com/listings/living-multi-housing/731-south-plymouth-apartments
Refer to the listing link for additional details on this investment opportunity. Please reach out to Sam Grohe, Bill Baumann, or David Gaines with any questions.
https://invest.jll.com/listings/living-multi-housing/731-south-plymouth-apartments
Property Facts
| Sale Type | Investment | Lot Size | 0.46 AC |
| Cap Rate | 6% | Building Size | 131,495 SF |
| No. Units | 96 | Average Occupancy | 99% |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Mid-Rise | Parking Ratio | 10/1,000 SF |
| Building Class | C | ||
| Zoning | DX-12 - Downtown Mixed-Use District | ||
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 131,495 SF |
| Average Occupancy | 99% |
| No. Stories | 7 |
| Year Built | 1925 |
| Parking Ratio | 10/1,000 SF |
| Zoning | DX-12 - Downtown Mixed-Use District |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Ceiling Fans
- Hardwood Floors
- Vaulted Ceiling
- Carpet
- Grill
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Grill
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | $1,978 | 738 |
| 2+1 | 72 | $2,397 | 1,000 |
| 3+1.5 | 12 | $3,262 | 1,233 - 1,245 |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,357,913 | |
| Land Assessment | $598,359 | Total Assessment | $1,956,272 |
Property Taxes
Parcel Numbers
Land Assessment
$598,359
Improvements Assessment
$1,357,913
Total Assessment
$1,956,272
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731 Plymouth | 731 S Plymouth Ct
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