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AIA /// 6 UNITS /// SOUTH SHORE 6812 S Merrill Ave 6 Unit Apartment Building $1,033,298 CAD ($172,216 CAD/Unit) 9.22% Cap Rate Chicago, IL 60649

INVESTMENT HIGHLIGHTS
- ALL 1600SF 3BD/2BA APARTMENTS
- 6-CAR BRICK GARAGE
- 1 BLOCK TO JACKSON PARK & O'KEEFFE ELEMENTARY SCHOOL
- TENANT HEATED BUILDING
- NEW TEAR OFF ROOF
- 4 BLOCKS TO METRA TRAIN STATION
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 | $1,033,298 CAD | Property Subtype | Apartment |
| Price Per Unit | $172,216 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9.22% | Building Size | 15,000 SF |
| Gross Rent Multiplier | 6.24 | No. Stories | 3 |
| No. Units | 6 | Year Built | 1914 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $1,033,298 CAD |
| Price Per Unit | $172,216 CAD |
| Sale Type | Investment |
| Cap Rate | 9.22% |
| Gross Rent Multiplier | 6.24 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 15,000 SF |
| No. Stories | 3 |
| Year Built | 1914 |
| Opportunity Zone |
Yes |
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Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 20-24-409-012-0000 | Improvements Assessment | $62,514 CAD |
| Land Assessment | $16,016 CAD | Total Assessment | $78,531 CAD |
PROPERTY TAXES
Parcel Number
20-24-409-012-0000
Land Assessment
$16,016 CAD
Improvements Assessment
$62,514 CAD
Total Assessment
$78,531 CAD
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AIA /// 6 UNITS /// SOUTH SHORE | 6812 S Merrill Ave
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