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Executive Summary

CASH COW!!!
2 quads and a 8 unit, total of 16 units. ONLY $27.5K PER UNIT!!! An hour and a half from Chicago O'Hare Airport! Clean neighborhood, block away from the river and park. TONS OF POTENTIAL!!! Units rent for $600 and $700 each. Will generate a 17.68%+ NET RETURN!!! $175K IN VALUE ADD!!! Beautiful community. Units comp for $50k+ per door.
Do not miss out, awesome opportunity.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $172,399 $102.86
Other Income - -
Vacancy Loss - -
Effective Gross Income $172,399 $102.86
Taxes $11,121 $6.64
Operating Expenses $43,015 $25.67
Total Expenses $54,137 $32.30
Net Operating Income $118,262 $70.56

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $172,399
Annual Per SF $102.86
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $172,399
Annual Per SF $102.86
Taxes (CAD)
Annual $11,121
Annual Per SF $6.64
Operating Expenses (CAD)
Annual $43,015
Annual Per SF $25.67
Total Expenses (CAD)
Annual $54,137
Annual Per SF $32.30
Net Operating Income (CAD)
Annual $118,262
Annual Per SF $70.56

Property Facts

Price $619,595 CAD
Price Per Unit $38,725 CAD
Sale Type Investment
Cap Rate 17.68%
No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 9,136 SF
Average Occupancy 100%
No. Stories 2
Year Built 1916
Parking Ratio 1.75/1,000 SF
Opportunity Zone Yes
Zoning R1 - Residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 $845.09 CAD -
2+1 6 $985.94 CAD -
Fairly walkable
50/100
Moderately drivable
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
15-15-22-336-010
Land Assessment
$6,173 CAD (2025)
Improvements Assessment
$29,774 CAD (2025)
Total Assessment
$35,947 CAD (2025)
Annual Taxes
$11,121 CAD ($1.22 CAD/SF)
Tax Year
2026
  • Listing ID: 41420953

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 103 N Division St, Pontiac, IL 61764

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