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8123 S. Maryland 8123 S Maryland Ave 6 Unit Apartment Building $535,000 ($89,167/Unit) 13.83% Cap Rate Chicago, IL 60619



EXECUTIVE SUMMARY
Three 2bed 1bath
Three 1bed 1bath
New Kitchens with granite countertops
New bathrooms
Hardwood floors
All new electric
Copper plumbing
New windows
Separate furnaces in each unit
Roof in great condition
Three 1bed 1bath
New Kitchens with granite countertops
New bathrooms
Hardwood floors
All new electric
Copper plumbing
New windows
Separate furnaces in each unit
Roof in great condition
PROPERTY FACTS
| Price | $535,000 | Building Class | C |
| Price Per Unit | $89,167 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 7,000 SF |
| Cap Rate | 13.83% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 0.43/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RS-3 - Detached single family homes and two-flats | ||
| Price | $535,000 |
| Price Per Unit | $89,167 |
| Sale Type | Investment |
| Cap Rate | 13.83% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 7,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1924 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | RS-3 - Detached single family homes and two-flats |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Microwave
- Storage Space
- Ceiling Fans
- Crown Molding
- Eat-in Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Dining Room
- Linen Closet
- Pantry
- Porch
- Large Bedrooms
SITE AMENITIES
- Gas Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $1,500 | - |
| 1+1 | 3 | $1,300 | - |
1 1
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $55,595 | |
| Land Assessment | $7,905 | Total Assessment | $63,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,905
Improvements Assessment
$55,595
Total Assessment
$63,500
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Presented by
The DevCo Group
8123 S. Maryland | 8123 S Maryland Ave
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