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3720 W McLean Ave, Chicago, IL, 60647

CHICAGO FIVE PORTFOLIO
$4,570,000

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Highlights

INVESTMENT HIGHLIGHTS

  • Five buildings located in both of Chicago’s Northwest and South Side neighborhoods: Logan Square, Humboldt Park, Chicago Lawn, Chatham
  • Diverse unit-mix: (5) 1Bd/1Ba, (15) 2Bd/1Ba, (7) 3Bd/1Ba, (6) 3Bd/2Ba
  • Properties well managed and maintained
  • Value-add capability; upgrade interiors, increase rent
  • 15.15% Cash-On-Cash Return
  • Assumable loan with 7 years remaining

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 478027547 (IL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
8.52%
GRM
8
$ per SF
$141
Tot. SF
32,050
$ per unit
$138,485
Units
33
Type
Apartments