8439 S Blackstone Ave 10 Unité Immeuble d’appartements 1 046 940 $ CAD (104 694 $ CAD/Unité) 10,33% Taux de capitalisation Chicago, IL 60619

Kiser Group is pleased to exclusively present for purchase 8439 S. Blackstone Ave, a Ten (10) unit courtyard located in Chicago’s Calumet Heights neighborhood. The property is tucked away on a quiet, tree-lined street and is within walking distance to Grand Crossing Park. Located in Chicago’s Calumet Heights community, 8439 S. Blackstone offers residents easy access to Avalon Park, local schools, shopping centers, and transit options, blending neighborhood charm with everyday convenience.
8439 S. Blackstone is comprised of ten (10) 1Bd/1Ba units. Each unit boasts an open and spacious layout consisting of hardwood floors, large separate living rooms, and an abundance of natural light. Recent improvements to the building consist of, but not limited to: newer porches, updated kitchens and baths, and an abundance of masonry and tuckpointing work.
8439 S. Blackstone presents and investor an opportunity to acquire a cash-flowing asset in Chicago's Calumet Heights neighborhood. With current operations, an investor will realize a 10.33% cap rate and a 18.55% cash return. By increasing rent already achieved in the area, an investor can achieve a cap rate of 11.69% and a 23.99% cash return.