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5627 S Indiana Ave 6 Unit Apartment Building $1,133,184 CAD ($188,864 CAD/Unit) 10% Cap Rate Chicago, IL 60637
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Significant Rental Upside: Rents +50% Below Market
- Individually Furnaced, Tenants Pay Heat
- Favorable Mix of all 3BD/2BA Units
- 3 Garage Parking Spaces + Off-Street Parking
- Located Two Blocks From CTA Green Line Garfield Stop
Executive Summary
Nara Realty Advisors is pleased to exclusively market for sale 5627 S Indiana Ave, a 6-unit apartment building located in Chicago's Washington Park neighborhood.
Property Facts
| Price | $1,133,184 CAD | Building Class | C |
| Price Per Unit | $188,864 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 12,000 SF |
| Cap Rate | 10% | No. Stories | 3 |
| No. Units | 6 | Year Built | 1902 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | RM-5 - Residential | ||
| Price | $1,133,184 CAD |
| Price Per Unit | $188,864 CAD |
| Sale Type | Investment |
| Cap Rate | 10% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 12,000 SF |
| No. Stories | 3 |
| Year Built | 1902 |
| Opportunity Zone |
Yes |
| Zoning | RM-5 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 6 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 20-15-110-009-0000 | Improvements Assessment | $54,760 CAD |
| Land Assessment | $40,167 CAD | Total Assessment | $94,926 CAD |
Property Taxes
Parcel Number
20-15-110-009-0000
Land Assessment
$40,167 CAD
Improvements Assessment
$54,760 CAD
Total Assessment
$94,926 CAD
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5627 S Indiana Ave
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