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AIA /// 11 UNITS /// AUSTIN 51-57 N Pine Ave 11 Unit Apartment Building $1,029,000 CAD ($93,545 CAD/Unit) 11.06% Cap Rate Chicago, IL 60644
INVESTMENT HIGHLIGHTS
- ALL ONE-BEDROOM APARTMENTS
- IMMEDIATE RENTAL UPSIDE
- 4 BLOCKS TO CTA GREEN LINE TRAIN
- GRANITE COUNTERS IN KITCHENS
- PREVIOUSLY REHABBED BUILDING
- BUILDINGS OFFERED INDIVIDUALLY OR AS A PACKAGE
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 | $1,029,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $93,545 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 11.06% | Building Size | 15,000 SF |
| Gross Rent Multiplier | 5.02 | No. Stories | 2 |
| No. Units | 11 | Year Built | 1957 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $1,029,000 CAD |
| Price Per Unit | $93,545 CAD |
| Sale Type | Investment |
| Cap Rate | 11.06% |
| Gross Rent Multiplier | 5.02 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Opportunity Zone |
Yes |
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Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 16-09-319-033-0000 | Improvements Assessment | $79,624 CAD |
| Land Assessment | $11,643 CAD | Total Assessment | $91,267 CAD |
PROPERTY TAXES
Parcel Number
16-09-319-033-0000
Land Assessment
$11,643 CAD
Improvements Assessment
$79,624 CAD
Total Assessment
$91,267 CAD
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AIA /// 11 UNITS /// AUSTIN | 51-57 N Pine Ave
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