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8209 S Evans Ave 8 Unit Apartment Building $775,000 ($96,875/Unit) 10.84% Cap Rate Chicago, IL 60619
Executive Summary
Recently Rehabbed & Turnkey 8-Unit building in Booming Chatham. Listed at an 11 CAP, perfect for long-term investors seeking to maximise cash flow and upside appreciation. A mix of 1 and 2 bedroom units with a monthly rent roll of $9,200.
Property Facts
| Price | $775,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $96,875 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 10.84% | Building Size | 10,000 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1923/2020 |
| Zoning | RT-4 | ||
| Price | $775,000 |
| Price Per Unit | $96,875 |
| Sale Type | Investment |
| Cap Rate | 10.84% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1923/2020 |
| Zoning | RT-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,050 | - |
1 1
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 20-34-231-003-0000 | Improvements Assessment | $30,996 |
| Land Assessment | $7,304 | Total Assessment | $38,300 |
Property Taxes
Parcel Number
20-34-231-003-0000
Land Assessment
$7,304
Improvements Assessment
$30,996
Total Assessment
$38,300
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8209 S Evans Ave
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