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1230 S Fairfield Ave - Recent New Construction, UIC Medical District 6 Unit Apartment Building Offered at $2,561,325 CAD at a 7.35% Cap Rate Chicago, IL 60608

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EXECUTIVE SUMMARY

Side by side Recent New Construction 3-unit's by Fargo Group. Beautiful, modern units perfect for a seasoned investor looking to add a great, turnkey long-term hold to their real estate portfolio. It is located in Rush Medical District, set aside multiple new construction developments, and a block from Mount Sinai. Total of 6 units with 3 beds/ 2 baths, in-unit laundry, off-street parking, modern kitchens, and bathrooms. Property Management can be arranged for any out of state investors. Fully rented.

PROPERTY FACTS

Price	$2,561,325 CAD	Building Size	3,750 SF
Price Per Unit	$426,888 CAD	Average Occupancy	100%
Sale Type	Investment	No. Stories	3
Cap Rate	7.35%	Year Built	2024
No. Units	6	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Multifamily

Price	$2,561,325 CAD
Price Per Unit	$426,888 CAD
Sale Type	Investment
Cap Rate	7.35%
No. Units	6
Property Type	Multifamily
Building Size	3,750 SF
Average Occupancy	100%
No. Stories	3
Year Built	2024
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.