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7245-7255 S Bennett Ave 19 Unit Apartment Building $2,765,000 CAD ($145,526 CAD/Unit) 11.10% Cap Rate Chicago, IL 60649
INVESTMENT HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- Incoming investor is poised to achieve a 9.5% cap rate day one
- Within walking distance to the Bryn Mawr Metra Electric Line Stop - providing quick access to downtown Chicago
- Professionally operated and meticulously maintained by a long term local owner
- Close proximity to the South Shore cultural center
EXECUTIVE SUMMARY
Nara Advisors is pleased to exclusively market for sale 7245 S Bennett Ave, a 19-unit apartment building located in Chicago's South Shore neighborhood.
PROPERTY FACTS
| Price | $2,765,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $145,526 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| Cap Rate | 11.10% | Building Size | 20,574 SF |
| No. Units | 19 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1912 |
| Property Subtype | Apartment | ||
| Zoning | RT-4, Chicago - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| Price | $2,765,000 CAD |
| Price Per Unit | $145,526 CAD |
| Sale Type | Investment |
| Cap Rate | 11.10% |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 20,574 SF |
| No. Stories | 3 |
| Year Built | 1912 |
| Zoning | RT-4, Chicago - Residential Two-Flat, Townhouse and Multi-Unit District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Recycling
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 19 | - | - |
1 1
Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (70)
PROPERTY TAXES
| Parcel Number | 20-25-120-010-0000 | Improvements Assessment | $92,151 CAD |
| Land Assessment | $13,536 CAD | Total Assessment | $105,687 CAD |
PROPERTY TAXES
Parcel Number
20-25-120-010-0000
Land Assessment
$13,536 CAD
Improvements Assessment
$92,151 CAD
Total Assessment
$105,687 CAD
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7245-7255 S Bennett Ave
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