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2230 S Sawyer Ave
Chicago, IL 60623
Multifamily Property For Sale · 6 Units

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INVESTMENT HIGHLIGHTS

  • 6 Unit Fully Renovated Property
  • Tremendous Upside Offering Both Rental Growth and Appreciation
  • Conveniently Located! Next to Cermak, Kedzie & Ogden CTA bus lines, CTA Train (Pink Line) and I290 & I55 Expressways
  • Full Occupied w/Strong Income History
  • Below Market Rents

EXECUTIVE SUMMARY

Explore the vibrant neighborhood surrounding La Villita 2, located in the heart of Chicago's 60623 area. Investors in the multifamily/mid-rise space will appreciate the diverse cultural scene, authentic cuisine, and rich history that define the area. Nearby, the stunning Douglas Park offers a green oasis for recreation and relaxation, while the National Museum of Mexican Art and vibrant Little Village district showcase the dynamic cultural tapestry of the community. With easy access to public transportation and a range of dining and entertainment options, the location presents an exciting investment opportunity for those seeking a lively, thriving urban environment.

PROPERTY FACTS

Price Per Unit $221,520 CAD
Sale Type Investment
Cap Rate 7.50%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 4,050 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1909/2022
Zoning RT-4

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-26-206-028-0000
Land Assessment
$6,273 CAD
Improvements Assessment
$39,573 CAD
Total Assessment
$45,846 CAD
  • Listing ID: 34235648

  • Date on Market: 2024-12-18

  • Last Updated:

  • Address: 2230 S Sawyer Ave, Chicago, IL 60623

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