2712 24th pl
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2712 24th pl
3 Unit Apartment Building $1,275,955 CAD ($425,318 CAD/Unit) 8.10% Cap Rate Chicago, IL 60608
Executive Summary
Brand New 3-unit with $7,400 projected rent roll. Units are very clean and modern.
Developer will lease units out once a contract is signed and accepted!
Property Management can be included at 7% for out of state investors
Developer will lease units out once a contract is signed and accepted!
Property Management can be included at 7% for out of state investors
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,275,955 CAD | Apartment Style | Mid Rise |
| Price Per Unit | $425,318 CAD | Building Size | 3,750 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| Cap Rate | 8.10% | No. Stories | 3 |
| No. Units | 3 | Year Built | 2024 |
| Property Type | Multifamily | Parking Ratio | 0.8/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $1,275,955 CAD |
| Price Per Unit | $425,318 CAD |
| Sale Type | Investment |
| Cap Rate | 8.10% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Size | 3,750 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 0.8/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | $3,516 CAD | 1,250 |
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Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (79)
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2712 24th pl
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