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8156 S Laflin St 18 Unit Apartment Building $1,029,000 ($57,167/Unit) 10.90% Cap Rate Chicago, IL 60620
Investment Highlights
- $57k/unit
- Opportunity for an investor to raise currently below market rents
- Close proximity to national retailers and Dan Ryan Nature Preserve
- The property is 100% occupied
- Central Boiler & Central Hot Water Tank
Executive Summary
Nara Advisors is pleased to exclusively market for sale 8152 S Laflin St, an 18-unit apartment building located in Chicago's Auburn Gresham neighborhood.
Property Facts
| Price | $1,029,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $57,167 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.21 AC |
| Cap Rate | 10.90% | Building Size | 12,600 SF |
| No. Units | 18 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | RS-3 - Residential | ||
| Price | $1,029,000 |
| Price Per Unit | $57,167 |
| Sale Type | Investment |
| Cap Rate | 10.90% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 12,600 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1930 |
| Zoning | RS-3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (74)
Property Taxes
| Parcel Number | 20-32-117-035-0000 | Improvements Assessment | $88,530 |
| Land Assessment | $7,470 | Total Assessment | $96,000 |
Property Taxes
Parcel Number
20-32-117-035-0000
Land Assessment
$7,470
Improvements Assessment
$88,530
Total Assessment
$96,000
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8156 S Laflin St
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