1358 95Th StChicago, IL 60643

Property Details for 1358 95Th St

Year built

1927

Lot size

0.15 AC

Property size (Sq ft)

4,200 SF

Property type

Retail residential properties

APN

25-05-328-028

APU

2505328028

Description

This exceptional 16-unit apartment building in Chicago's vibrant 60643 zip code presents a compelling investment opportunity. Located at 1358 W 95th St, Cook County, Illinois, this property boasts a substantial 4,000 square feet and commands an asking price of $1,100,000. The building's strong financial performance is highlighted by a Net Operating Income (NOI) of $140,000, promising significant returns for the discerning investor. The property comprises a mix of residential and commercial spaces. The residential units feature desirable open-concept kitchens and living areas, appealing to a wide range of tenants. The commercial spaces are currently occupied by long-term, successful businesses, providing stable and predictable income streams. The building's location in a family-friendly neighborhood offers easy access to public transportation, parks, schools, and a variety of restaurants, enhancing its appeal and tenant retention. This low-maintenance property is situated near key amenities, making it an attractive option for both residents and business owners. The combination of strong rental income, desirable location, and low maintenance requirements makes this a truly exceptional investment opportunity. Don't miss out on this chance to acquire a high-performing multifamily asset in a thriving Chicago neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $1,673,703

  6.5%

  $1,544,956

  7%

  $1,434,602

• Comparable approach

  Method

  Valuation

  Relative Method

  $847,928

  Geo Method

  $847,928

• Alternative Use

  Use

  Valuation

  Residential

  $1,544,956

  Hospitality

  $1,415,172

  Educational

  $1,177,406

  Medical

  $1,217,899

  Retail

  $1,831,521

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.7216

Longitude

-87.6576

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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