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6800 S Paxton Ave 12 Unit Apartment Building $1,385,876 CAD ($115,490 CAD/Unit) 8.23% Cap Rate Chicago, IL 60649
Investment Highlights
- Significant Value Add Opportunity
- Comprised of (9) 3-Bd/1Ba Units and (3) 2-Bd/1Ba Units
- Prime location just blocks away from Lake Michigan and Jackson Park Golf Course
- 100% Occupied Building
- 2 Beds averaging $1,084 and 3 Beds averaging $1,228
Property Facts Under Contract
| Price | $1,385,876 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $115,490 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 8.23% | Building Size | 12,150 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RM-5 | ||
| Price | $1,385,876 CAD |
| Price Per Unit | $115,490 CAD |
| Sale Type | Investment |
| Cap Rate | 8.23% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 12,150 SF |
| No. Stories | 3 |
| Year Built | 1924 |
| Opportunity Zone |
Yes |
| Zoning | RM-5 |
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 20-24-410-012-0000 | Improvements Assessment | $94,996 CAD |
| Land Assessment | $16,898 CAD | Total Assessment | $111,894 CAD |
Property Taxes
Parcel Number
20-24-410-012-0000
Land Assessment
$16,898 CAD
Improvements Assessment
$94,996 CAD
Total Assessment
$111,894 CAD
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6800 S Paxton Ave
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