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1919 E 86th St
Chicago, IL 60617
1915-21 E 86th · Multifamily Property For Sale
·
19 Units
Investment Highlights
- Large 1-Bd units with separate dining rooms
- Quiet residential location attractive for tenants
- Rent upside in existing condition
Executive Summary
Triton Realty Group LLC is proud to present 8600 S. Euclid, a yellow brick Tudor style 19
unit building located in the desirable south side neighborhoods of Avalon Park/Calumet
Heights. All units are large 1bd's with separate dining rooms. Recent improvements
include tear off shingle roof on Euclid side (2021), sealed flat roof (2024), insulated roof
cavity throughout (2019), new insulated hot water main (2018), efficient steam boiler
(2019), common area carpet (2022), painted stairwells, common area carpet in front and
refinished steps and landings in rear stairwells, new electrical fixtures in front and rear
stairwells, security cameras, security cameras (2020). Strong in place income of over
270k with room for growth. Quiet residential street but close to highway, parks and Lake
Michigan.
unit building located in the desirable south side neighborhoods of Avalon Park/Calumet
Heights. All units are large 1bd's with separate dining rooms. Recent improvements
include tear off shingle roof on Euclid side (2021), sealed flat roof (2024), insulated roof
cavity throughout (2019), new insulated hot water main (2018), efficient steam boiler
(2019), common area carpet (2022), painted stairwells, common area carpet in front and
refinished steps and landings in rear stairwells, new electrical fixtures in front and rear
stairwells, security cameras, security cameras (2020). Strong in place income of over
270k with room for growth. Quiet residential street but close to highway, parks and Lake
Michigan.
Property Facts
| Price Per Unit | $131,369 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9.09% | Lot Size | 0.18 AC |
| Gross Rent Multiplier | 6.67 | Building Size | 20,700 SF |
| No. Units | 19 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1960 |
| Zoning | RS-2 | ||
| Price Per Unit | $131,369 CAD |
| Sale Type | Investment |
| Cap Rate | 9.09% |
| Gross Rent Multiplier | 6.67 |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 20,700 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1960 |
| Zoning | RS-2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Dining Room
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | - | 750 - 800 |
Property Taxes
| Parcel Number | 20-36-330-017-0000 | Improvements Assessment | $164,716 CAD |
| Land Assessment | $13,700 CAD | Total Assessment | $178,416 CAD |
Property Taxes
Parcel Number
20-36-330-017-0000
Land Assessment
$13,700 CAD
Improvements Assessment
$164,716 CAD
Total Assessment
$178,416 CAD
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