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Ingleside Manor 932-944 E 79th St 12 Unit Apartment Building $600,000 ($50,000/Unit) Chicago, IL 60619
INVESTMENT HIGHLIGHTS
- Rehab already started.
- Structure is in good condition, most electric wiring is new, with new drywall, plumbing will need attention.
EXECUTIVE SUMMARY
This large 18 unit multi-family building is ideally positioned for a Value-add owner. With a strong foundation for future growth and scalable income potential, this property presents a compelling opportunity to capitalize on completion of property rehab and leverage compelling rents. Its strategic placement just east of the Chatham neighborhood ensures favorable market dynamics and proximity to an array of amenities.
FINANCIAL SUMMARY (PRO FORMA - 2025) 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 |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025) 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 | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Intercom
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 600 - 700 |
| 2+1 | 6 | - | 875 - 925 |
| 2+2 | 4 | - | 975 - 995 |
1 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $47,373 (2024) | |
| Land Assessment | $7,627 (2024) | Total Assessment | $55,000 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,627 (2024)
Improvements Assessment
$47,373 (2024)
Total Assessment
$55,000 (2024)
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Ingleside Manor | 932-944 E 79th St
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