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2916 W 25th Pl - 2916 W 25th Place 5 Unit Apartment Building Offered at $673,710 CAD at a 5.99% Cap Rate Chicago, IL 60623
INVESTMENT HIGHLIGHTS
- All-Brick 4-Unit in the Front and a Coach House in the Rear
- Commuter-Friendly
EXECUTIVE SUMMARY
Introducing 2916 w 25th place a legal 5 unit property with an all-brick 4-unit building in the front and a coach house in the rear. Conveniently located close to all that little village has to offer. It is perfect for either an owner-occupant or an investor. this property is a fantastic investment. The building is commuter-friendly, with nearby shopping, dining, and recreational options. It's within walking distance to schools and public transportation, and just minutes from I-55 and I-290, providing easy access to downtown. this is an amazing income maker that is professionally managed grossing nearly 54k a year will all unit rented below market and room to raise rents significantly without doing much of anything. This is the unique multi-unit property you've been searching for. Schedule your tour today!
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $673,710 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $134,742 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.99% | Building Size | 2,600 SF |
| Gross Rent Multiplier | 9.07 | No. Stories | 3 |
| No. Units | 5 | Year Built | 1888 |
| Property Type | Multifamily | ||
| Zoning | RT-4 - Residential | ||
| Price | $673,710 CAD |
| Price Per Unit | $134,742 CAD |
| Sale Type | Investment |
| Cap Rate | 5.99% |
| Gross Rent Multiplier | 9.07 |
| No. Units | 5 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,600 SF |
| No. Stories | 3 |
| Year Built | 1888 |
| Zoning | RT-4 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $1,433 CAD | 576 - 901 |
| 1+1 | 2 | $964.41 CAD | 574 - 596 |
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Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (86)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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2916 W 25th Pl - 2916 W 25th Place
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