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AIA /// 11 UNITS /// AUSTIN 42-46 N Pine Ave 11 Unit Apartment Building $1,458,397 CAD ($132,582 CAD/Unit) 10.25% Cap Rate Chicago, IL 60644
INVESTMENT HIGHLIGHTS
- 1BD, 2BD & 3BD APARTMENTS
- PREVIOUSLY GUT REHABBED BUILDING
- OFF-STREET PARKING
- TENANT PAID HEAT & HOT WATER
- GRANITE COUNTERS IN KITCHENS
- BUILDING OFFERED INDIVIDUALLY OR AS A PACKAGE WITH 51 N. PINE
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 | $1,458,397 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $132,582 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 10.25% | Building Size | 15,000 SF |
| Gross Rent Multiplier | 5.76 | No. Stories | 3 |
| No. Units | 11 | Year Built | 1909 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | RT-4 | ||
| Price | $1,458,397 CAD |
| Price Per Unit | $132,582 CAD |
| Sale Type | Investment |
| Cap Rate | 10.25% |
| Gross Rent Multiplier | 5.76 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 15,000 SF |
| No. Stories | 3 |
| Year Built | 1909 |
| Opportunity Zone |
Yes |
| Zoning | RT-4 |
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Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 16-09-318-011-0000 | Improvements Assessment | $75,159 CAD |
| Land Assessment | $14,829 CAD | Total Assessment | $89,989 CAD |
PROPERTY TAXES
Parcel Number
16-09-318-011-0000
Land Assessment
$14,829 CAD
Improvements Assessment
$75,159 CAD
Total Assessment
$89,989 CAD
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AIA /// 11 UNITS /// AUSTIN | 42-46 N Pine Ave
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