1749 W 95th St
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1749 W 95th St
17 Unit Apartment Building $2,088,536 CAD ($122,855 CAD/Unit) 7.54% Cap Rate Chicago, IL 60643
Investment Highlights
- Nine (9) Retail, Eight (8) Residential Units
- Favorable Rental Upside
- Prime Retail Location
- Easily Accessible to Downtown Transportation
Executive Summary
Kiser Group is pleased to exclusively offer for purchase the sale of 1749 W. 95th St, a seventeen (17) unit building in Chicago’s historic Beverly neighborhood. The subject site is
situated on a corner lot near many popular retail attractions, and sits directly across the street from the 95th/Beverly Hills Metra Station, providing quick and easy access to downtown Chicago.
1749 W. 95th St is comprised of nine (9) retail spaces, two (2) studios, four (4) 1Bd/1Ba units, one (1) 2Bd/1.5Ba, and one (1) 3Bd/1Ba units. 100% of retail and residential units are occupied and have varying levels of finishings. In addition to rental income from the units, the building gains additional cash flow each month from a billboard atop the
building. The billboard contract needs to be renegotiated in order to maximize value.
1749 W. 95th St presents an investor with the unique opportunity to acquire an asset with tremendous upside. A potential new owner has the ability to capitalize by renovating some units and stabilizing rents at levels already being achieved in the market. Through this, a new owner can achieve a cap rate of 10.97% and a cash return of over 21%.
situated on a corner lot near many popular retail attractions, and sits directly across the street from the 95th/Beverly Hills Metra Station, providing quick and easy access to downtown Chicago.
1749 W. 95th St is comprised of nine (9) retail spaces, two (2) studios, four (4) 1Bd/1Ba units, one (1) 2Bd/1.5Ba, and one (1) 3Bd/1Ba units. 100% of retail and residential units are occupied and have varying levels of finishings. In addition to rental income from the units, the building gains additional cash flow each month from a billboard atop the
building. The billboard contract needs to be renegotiated in order to maximize value.
1749 W. 95th St presents an investor with the unique opportunity to acquire an asset with tremendous upside. A potential new owner has the ability to capitalize by renovating some units and stabilizing rents at levels already being achieved in the market. Through this, a new owner can achieve a cap rate of 10.97% and a cash return of over 21%.
Property Facts
| Price | $2,088,536 CAD | Apartment Style | Low Rise |
| Price Per Unit | $122,855 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 7.54% | Building Size | 8,000 SF |
| No. Units | 17 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Price | $2,088,536 CAD |
| Price Per Unit | $122,855 CAD |
| Sale Type | Investment |
| Cap Rate | 7.54% |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 25-07-203-005-0000 | Improvements Assessment | $330,740 CAD |
| Land Assessment | $24,430 CAD | Total Assessment | $355,170 CAD |
PROPERTY TAXES
Parcel Number
25-07-203-005-0000
Land Assessment
$24,430 CAD
Improvements Assessment
$330,740 CAD
Total Assessment
$355,170 CAD
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