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7105 S Champlain Ave 41 Unit Apartment Building $3,463,100 CAD ($84,466 CAD/Unit) 11.20% Cap Rate Chicago, IL 60619
Investment Highlights
- Professional Offering Memorandum Available Upon Request
- Located Along I-90 - Providing Easy Access to Downtown Chicago
- Central Boiler Heating
- Recently Rehabbed by Ownership: New CCTV System, Stainless Steel Appliances in Most Turned Units, New Roof, New Hot Water Boiler (As of 2023)
- Opportunity to Add Value by Increasing Currently Below Market Rents
Executive Summary
Nara Advisors is pleased to exclusively market for sale 7105 S Champlain, a 41-unit apartment building located in Chicago's Greater Grand Crossing neighborhood.
Property Facts
| Price | $3,463,100 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $84,466 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 11.20% | Building Size | 15,115 SF |
| No. Units | 41 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment |
| Price | $3,463,100 CAD |
| Price Per Unit | $84,466 CAD |
| Sale Type | Investment |
| Cap Rate | 11.20% |
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.35 AC |
| Building Size | 15,115 SF |
| No. Stories | 3 |
| Year Built | 1929 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
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Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 20-27-205-001-0000 | Improvements Assessment | $455,579 CAD |
| Land Assessment | $20,723 CAD | Total Assessment | $476,303 CAD |
Property Taxes
Parcel Number
20-27-205-001-0000
Land Assessment
$20,723 CAD
Improvements Assessment
$455,579 CAD
Total Assessment
$476,303 CAD
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7105 S Champlain Ave
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