6328 Evans Ave, Chicago, IL 60637
3 Unit Apartment Building | $870,000 ($290,000/Unit) | 7.13% Cap Rate | Chicago, IL 60637
Asking Price $870,000
- Property Type
-
Multifamily
- Square Feet
- 3,750 SF
Listing Contacts
- Property Info
Property Overview
COMPLETELY TURNKEY 2022 New Construction 3-unit in Booming Woodlawn. Set alongside multiple other New Construction Developments, this will feature contemporary & Modern design with the perfect blend of city living and convenience, close to the Green Line just a short walk away and the University of Chicago and Obama Library. Each unit has a spacious, open-concept layout and condo quality features, such as 42" cabinets, stainless steel appliances, recessed lighting, in unit laundry, and beautifully tiled floors. Each unit is a 1,300 sq ft 3 bed/ 2 bath, with a luxury master bathroom at the rear. The units are rented (slightly under market rent) for $6,800/month with great tenants. Top unit features a vaulted ceiling and decorative railings for an added touch of luxury. Additionally, the developer added soundproofing for added privacy.
Prime investment opportunity, positioned for cash flow, appreciation and creating generational wealth in this high inflation environment. Can arrange property management for any out of state buyers, and also qualifies for a 15% down investor loan.
Prime investment opportunity, positioned for cash flow, appreciation and creating generational wealth in this high inflation environment. Can arrange property management for any out of state buyers, and also qualifies for a 15% down investor loan.
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 3
- Units
- 3
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