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10801 S Prairie Ave
Chicago, IL 60628
Multifamily Property For Sale
·
15 Units
Investment Highlights
- All units rehabbed 2024-25. New stainless appliances, new and/or refinished flooring, new bathroom fixtures
Executive Summary
Fully stabilized, fully rehabbed building with heavy concentration of subsidy tenants including CHA and other HUD based subsidies.
Property Facts Under Contract
| Price Per Unit | $101,251 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 10% | Building Size | 18,000 SF |
| No. Units | 15 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1923/2024 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RS-3 - Residential Single-Unit District | ||
| Price Per Unit | $101,251 CAD |
| Sale Type | Investment |
| Cap Rate | 10% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 18,000 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built/Renovated | 1923/2024 |
| Opportunity Zone |
Yes |
| Zoning | RS-3 - Residential Single-Unit District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | $1,450 CAD | - |
| 1+1 | 4 | $1,760 CAD | - |
| 2+1 | 8 | $2,140 CAD | - |
Property Taxes
| Parcel Number | 25-15-313-001-0000 | Improvements Assessment | $88,365 CAD |
| Land Assessment | $14,083 CAD | Total Assessment | $102,448 CAD |
Property Taxes
Parcel Number
25-15-313-001-0000
Land Assessment
$14,083 CAD
Improvements Assessment
$88,365 CAD
Total Assessment
$102,448 CAD
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