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Executive Summary

Well-maintained 6-unit brick building in Auburn Gresham, fully occupied and delivering a 10.5% cap
rate on actuals. Updated with new copper plumbing, electrical, and an upgraded roof, the property offers four 3-bedroom and two 2-bedroom units on a 7,522 SF
lot. In-place rents are low compared to market, allowing meaningful room for growth.
PROPERTY HIGHLIGHTS
Excellent Unit Mix
[4] 3 Bedroom/1 Bath Units
[2] 2 Bedroom/1 Bath Units
New copper plumbing and electrical
Upgraded roof
Fully Occupied

Property Facts

Price $865,756 CAD
Price Per Unit $144,293 CAD
Sale Type Investment
Cap Rate 10.99%
Gross Rent Multiplier 5.95
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 8,754 SF
No. Stories 3
Year Built 1924
Parking Ratio 0.57/1,000 SF
Opportunity Zone Yes
Zoning RT-4

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 4 - -
2+1 2 - -
Moderately walkable
70/100
Fairly drivable
50/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
20-31-222-030-0000
Land Assessment
$5,215 CAD
Improvements Assessment
$47,635 CAD
Total Assessment
$52,850 CAD
  • Listing ID: 41905974

  • Date on Market: 2026-08-27

  • Last Updated:

  • Address: 8136 S Marshfield Ave, Chicago, IL 60620

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