Log In/Sign Up
Your email has been sent.
1437 W Superior St 6 Unit Apartment Building $2,812,779 CAD ($468,796 CAD/Unit) 5.86% Cap Rate Chicago, IL 60642
INVESTMENT HIGHLIGHTS
- Gut rehabbed in 2023
- In-unit laundry
- Renovated interiors
- Condo quality units
- Dishwashers in-unit
- Rent growth potential
EXECUTIVE SUMMARY
1437 W Superior St is a 6-unit residential building strategically located in West Town. This gut-rehabbed property features condo-quality units with completely renovated interiors and updated building systems throughout. The unit mix consists of one (1) three-bedroom, two-bathroom unit; one (1) two-bedroom,
two-bathroom unit; one (1) two-bedroom, one-bathroom unit; three (3) one-bedroom, one-bathroom
units.
The building offers significant upside potential for rent growth in a neighborhood where properties rarely become available, creating a unique acquisition opportunity. This well-positioned asset delivers strong income-producing potential.
two-bathroom unit; one (1) two-bedroom, one-bathroom unit; three (3) one-bedroom, one-bathroom
units.
The building offers significant upside potential for rent growth in a neighborhood where properties rarely become available, creating a unique acquisition opportunity. This well-positioned asset delivers strong income-producing potential.
PROPERTY FACTS
| Price | $2,812,779 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $468,796 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 5.86% | Building Size | 5,400 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Parking Ratio | 0.37/1,000 SF |
| Zoning | RS-3 | ||
| Price | $2,812,779 CAD |
| Price Per Unit | $468,796 CAD |
| Sale Type | Investment |
| Cap Rate | 5.86% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,400 SF |
| No. Stories | 3 |
| Year Built | 1940 |
| Parking Ratio | 0.37/1,000 SF |
| Zoning | RS-3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
| 3+2 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (76)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 17-08-110-001-0000 | Improvements Assessment | $120,727 CAD |
| Land Assessment | $31,963 CAD | Total Assessment | $152,689 CAD |
PROPERTY TAXES
Parcel Number
17-08-110-001-0000
Land Assessment
$31,963 CAD
Improvements Assessment
$120,727 CAD
Total Assessment
$152,689 CAD
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1437 W Superior 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.