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AIA /// 21 UNITS /// AUSTIN 5469 W Chicago Ave

21 Unit Apartment Building $1,842,711 CAD ($87,748 CAD/Unit) 10.52% Cap Rate Chicago, IL 60651

Apartment Buildings Illinois Chicago 5469 W Chicago Ave, Chicago, IL 60651

Investment Highlights

  • 14 APARTMENTS & 7 RETAIL SPACES
  • TENANT HEATED BUILDING
  • 3 BLOCKS TO HOWE ELEMENTARY SCHOOL
  • STUDIO, 1BD & 2BD APARTMENTS
  • 4 BLOCKS TO GREEN LINE TRAIN
  • 13,000 ANNUAL AVERAGE DAILY TRAFFIC COUNT ON CHICAGO AVENUE

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 $1,842,711 CAD Apartment Style Low Rise
Price Per Unit $87,748 CAD Building Class C
Sale Type Investment Lot Size 0.35 AC
Cap Rate 10.52% Building Size 30,000 SF
No. Units 21 No. Stories 2
Property Type Multifamily Year Built 1923
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1,842,711 CAD
Price Per Unit $87,748 CAD
Sale Type Investment
Cap Rate 10.52%
No. Units 21
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.35 AC
Building Size 30,000 SF
No. Stories 2
Year Built 1923
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Site Amenities

  • Public Transportation
1 of 1
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 16-09-101-001-0000 Improvements Assessment $294,333 CAD
Land Assessment $45,470 CAD Total Assessment $339,803 CAD

PROPERTY TAXES

Parcel Number
16-09-101-001-0000
Land Assessment
$45,470 CAD
Improvements Assessment
$294,333 CAD
Total Assessment
$339,803 CAD

zoning

Zoning Code B3-1 (Community Shopping District)
B3-1 (Community Shopping District)
(773) 799-9298

  • Listing ID: 32990064

  • Date on Market: 2024-08-28

  • Last Updated:

  • Address: 5469 W Chicago Ave, Chicago, IL 60651

The Multifamily Property at 5469 W Chicago Ave, Chicago, IL 60651 is currently available For Sale. Contact Apartment Investment Advisers, LLC for more information.

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AIA /// 21 UNITS /// AUSTIN | 5469 W Chicago Ave
(773) 799-9298 x

AIA /// 21 UNITS /// AUSTIN | 5469 W Chicago Ave

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Jack Cassin

(773) 799-9298

(773) 799-9298

Mike Lindblad

(773) 799-9296

(773) 799-9296

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