2712 24Th PlChicago, IL 60608

This exceptional Class A multifamily investment opportunity presents a newly constructed, three-unit building located in the vibrant West Pilsen neighborhood of Chicago, Illinois. Completed in 2024, this property boasts a total of 3,750 square feet, offering a compelling price per square foot of $237.31. Each of the three units includes one parking space. The building features three stories and commands a projected annual net operating income (NOI) of $72,000, translating to an attractive 8.09% capitalization rate. The asking price for this turnkey investment is $889,900, representing a price per unit of $296,633.33. The property is currently under final construction, with completion expected within 75 days. While the provided photos depict a similar project by the developer, the building at 2712 W 24th Pl, Chicago, IL 60608 is nearing completion, with exterior siding as the final phase of construction. This presents a unique chance to acquire a modern, high-demand rental property in a rapidly appreciating area of Chicago. The projected annual rent roll is $7,400. This property is ideal for owner-users seeking a strong return on investment or seasoned investors looking to add a high-performing asset to their portfolio.