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13536 S Brandon Ave 38 Unit Apartment Building $1,430,818 CAD ($37,653 CAD/Unit) 14.61% Cap Rate Chicago, IL 60633
INVESTMENT HIGHLIGHTS
- One of the few properties in Chicago operating with an active Single Room Occupancy (SRO) license - allowing 34 rentable rooms
- Opportunity to Increase Value Through Strategic Lease-Up of SRO Units
- SRO Housing Meets Increasing Demand for Affordable Living Solutions
- [34] Single Room Occupancy (SRO) Units | [4] Commercial Units
- Situated Directly Across the Street from the Hegewisch Metra Electric Train Station
EXECUTIVE SUMMARY
Nara Advisors is pleased to exclusively market for sale 13536, a 38-unit single room occupancy (SRO) building located in Chicago's Hegewisch neighborhood.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 34 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 26-31-409-024-0000 | Improvements Assessment | $85,341 CAD |
| Land Assessment | $2,154 CAD | Total Assessment | $87,495 CAD |
PROPERTY TAXES
Parcel Number
26-31-409-024-0000
Land Assessment
$2,154 CAD
Improvements Assessment
$85,341 CAD
Total Assessment
$87,495 CAD
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13536 S Brandon Ave
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