Log In/Sign Up
Your email has been sent.
1234 W 127th St 8 Unit Apartment Building $872,450 CAD ($109,056 CAD/Unit) 9.30% Cap Rate Calumet Park, IL 60827
INVESTMENT HIGHLIGHTS
- Strong Location
- Low In-Place Rents (10%-15%) upside
- High Quality Renovations
EXECUTIVE SUMMARY
SVN is pleased to present 1234 W 127th Street, an 8-unit multifamily building located in the Calumet Park neighborhood of Chicago's South Suburbs. The desirable unit mix consists of (8) 2 Bed 1 Bath apartments. Major Capital Improvements Include: The Majority of the units are recently renovated with modern kitchens and bathrooms. Newer roofs, newer windows, and updated tuckpointing. The Mechanical systems include: Separately metered electrical service, newer gas meters, and a boiler system, whose heat is provided through electrical baseboard. 1234 W 127th presents a strong opportunity to acquire a well-performing asset in a strong location.
PROPERTY FACTS
| Price | $872,450 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $109,056 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 9.30% | Building Size | 7,200 SF |
| Gross Rent Multiplier | 6.11 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R1-4 | ||
| Price | $872,450 CAD |
| Price Per Unit | $109,056 CAD |
| Sale Type | Investment |
| Cap Rate | 9.30% |
| Gross Rent Multiplier | 6.11 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Opportunity Zone |
Yes |
| Zoning | R1-4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 25-29-327-068-0000 | Improvements Assessment | $37,958 CAD |
| Land Assessment | $4,875 CAD | Total Assessment | $42,833 CAD |
PROPERTY TAXES
Parcel Number
25-29-327-068-0000
Land Assessment
$4,875 CAD
Improvements Assessment
$37,958 CAD
Total Assessment
$42,833 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1234 W 127th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.