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8258 S Maryland Ave 6 Unit Apartment Building $410,000 ($68,333/Unit) 7.58% Cap Rate Chicago, IL 60619
INVESTMENT HIGHLIGHTS
- Easy to maintain exterior.
- 100% occupied.
EXECUTIVE SUMMARY
Modern 2 story building built in 1964. There are 6 units consisting of 4-2 bedrooms and 2 - 1bedroom. Central hot water boiler providing heat. Hip roof is shingled. Fully occupied. Rental increase potential. Parking in rear of building. Agent is related to owner. Owner has two other properties for sale in same location that can be sold as package or individually.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Heating
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
SITE AMENITIES
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $850.00 | - |
| 1+1 | 2 | $547.50 | 12 |
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 20-35-120-044-0000 | Total Assessment | $23,571 |
| Land Assessment | $3,609 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $19,962 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
20-35-120-044-0000
Land Assessment
$3,609
Improvements Assessment
$19,962
Total Assessment
$23,571
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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8258 S Maryland Ave
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