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AIA /// 8 UNITS /// IRVING PARK NEIGHBORHOOD 2840 W Belle Plaine Ave 8 Unit Apartment Building $1,801,540 CAD ($225,193 CAD/Unit) 6.87% Cap Rate Chicago, IL 60618
INVESTMENT HIGHLIGHTS
- 1 BLOCK TO HORNER PARK
- (5) OFF-STREET PARKING
- NEW STEEL PORCHES AND PLATFORMS
- 1BD/1BA AND 2BD/1.5BA APARTMENTS
- CIRCUIT BREAKERS IN-UNIT
- IMMEDIATE RENTAL UPSIDE
EXECUTIVE SUMMARY
Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject property.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
PROPERTY FACTS
| Price | $1,801,540 CAD | Property Subtype | Apartment |
| Price Per Unit | $225,193 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.87% | Lot Size | 0.14 AC |
| Gross Rent Multiplier | 9.28 | Building Size | 10,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Price | $1,801,540 CAD |
| Price Per Unit | $225,193 CAD |
| Sale Type | Investment |
| Cap Rate | 6.87% |
| Gross Rent Multiplier | 9.28 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 10,000 SF |
| No. Stories | 2 |
| Year Built | 1964 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
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Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $41,073 CAD | |
| Land Assessment | $50,076 CAD | Total Assessment | $91,149 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$50,076 CAD
Improvements Assessment
$41,073 CAD
Total Assessment
$91,149 CAD
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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AIA /// 8 UNITS /// IRVING PARK NEIGHBORHOOD | 2840 W Belle Plaine Ave
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