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815 S Bell Ave
Chicago, IL 60612
Multifamily Property For Sale
·
4 Units


Executive Summary
CASH ONLY BUYERS - Wonderful investment opportunity in the Tri-Taylor/Illinois Medical District with $72,029 proforma net income at 7.79% net ROI. Fully rented 4-unit building, well maintained and updated, with laundry in each unit. Large rooftop deck for summer enjoyment. Great location, minutes to the Loop, IL Medical District, UIC, I-290, and Blue Line. Beautiful quiet Cul-de-sac Street with residential permit parking. Cash flow data available upon request. 4 units including coach house. All tenants pay all utilities except water.
Property Facts
| Price Per Unit | $231,250 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 4,000 SF |
| Cap Rate | 7.79% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2020 |
| Zoning | PD 30 | ||
| Price Per Unit | $231,250 |
| Sale Type | Investment |
| Cap Rate | 7.79% |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.07 AC |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2020 |
| Zoning | PD 30 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 2 | $2,200 | - |
| 2+1 | 1 | $1,900 | - |
| Studios | 1 | $1,450 | - |
Property Taxes
| Parcel Number | 17-18-317-008-0000 | Improvements Assessment | $37,360 |
| Land Assessment | $17,640 | Total Assessment | $55,000 |
Property Taxes
Parcel Number
17-18-317-008-0000
Land Assessment
$17,640
Improvements Assessment
$37,360
Total Assessment
$55,000
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