• Broker Jack Cassin 7737999298
  • Broker Mike Lindblad 7737999296

AIA /// 23 UNITS /// EAST GARFIELD PARK 200 N California Ave 23 Unit Apartment Building $4,335,063 CAD ($188,481 CAD/Unit) 8.53% Cap Rate Chicago, IL 60612

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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

PROPERTY FACTS

Price $4,335,063 CAD
Price Per Unit $188,481 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
Transit Score®
Excellent Transit (76)
Bike Score®
Biker's Paradise (97)

PROPERTY TAXES

Parcel Numbers 16-12-316-025-0000, 16-12-316-024-0000 Improvements Assessment $299,871 CAD
Land Assessment $27,086 CAD Total Assessment $326,957 CAD

MAP

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