200 N California Ave
Chicago, IL 60612
AIA /// 23 UNITS /// EAST GARFIELD PARK · Multifamily Property For Sale
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23 Units
INVESTMENT HIGHLIGHTS
- (19) APARTMENTS & (4) RETAIL UNITS
- TENANT PAID HEAT & HOT WATER
- ADJACENT TO CTA GREEN LINE TRAIN STATION (CALIFORNIA)
- MOSTLY 2BD & 3BD APARTMENTS
- INCLUDES NEIGHBORING SINGLE TENANT RETAIL BUILDING
- 1 MILE WEST OF UNITED CENTER, 2 MILES WEST OF THE CHICAGO LOOP
EXECUTIVE SUMMARY
Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject property.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
PROPERTY FACTS
| Price Per Unit | $195,512 CAD |
| Sale Type | Investment |
| Cap Rate | 8.53% |
| Gross Rent Multiplier | 7.22 |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 30,000 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1899 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $299,871 CAD | |
| Land Assessment | $27,086 CAD | Total Assessment | $326,957 CAD |
