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$499,000 / 8br - 6700ft2 - Investment Opportunity: Multi-Family 6-Unit Building! (Chicago)

Investment Opportunity: Multi-Family 6-Unit Building! 1 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 2 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 3 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 4 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 5 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 6 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 7 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 8 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 9 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 10 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 11 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 12 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 13 thumbnailInvestment Opportunity: Multi-Family 6-Unit Building! 14 thumbnail
💸 Financial Overview:
Listing Price: $499,000
ARV: $700,000
Cap Rate: ~12%
🏠 Property Condition:
This property is a clean and well-maintained multi-family 6-unit building, making it an excellent choice for rental income. The building is in good condition and ready for tenants.

🏡 Features:
Unit Configuration: The building consists of 4 units with 2 bedrooms and 1 bathroom each, and 2 units with 3 bedrooms and 1 bathroom each.
Potential: With a solid cap rate and favorable rental market, this property is poised to generate substantial rental income.
Location: Situated in the South Side of Chicago, the property offers convenient access to local amenities, schools, and public transportation.
🏛️ Comparables:
139 W Marquette Rd , Chicago, IL 60621 Sold for $595,000 In February 2023
7152 S Emerald Ave, Chicago, IL 60621 Is On The Market For $680,000
7250 S Yale Ave, Chicago, IL 60621 Is On The Market For $700,000 AS IS

post id: 7747656718

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