Anthony Hardy
This listing was posted on RealtyWW.
$1,430,000
Home For Sale In Chicago, Illinois
Price:
$1,430,000
BR/BA:
5 BA
Location:
3901 W Jackson Blvd, Chicago, IL
Description:
Key Details: Property Type: Multifamily Residential Units:13 (10) 2-bedroom units (3) 3-bedroom units Listing Price:$1, 430, 000 Cap Rate:8.55% Current Annual NOI: $122, 292 Location and Market Insights: Strategically situated in a vibrant neighborhood of Chicago, the property benefits from a location that is poised for growth and stability. The surrounding area offers a blend of community amenities and economic potential, making it an attractive choice for both residents and investors. Investment Highlights: 1. Strong Financial Returns: With a capitalization rate of 8.55%, the property offers an attractive return on investment, projecting an annual net operating income of $122, 292. This makes it a highly appealing asset for investors prioritizing income potential and financial stability. 2. Growth Potential: The multifamily property's value is set to appreciate due to its urban location. Potential rent increases and market trends can offer significant capital growth, providing investors with a strong opportunity for long-term gains. 3. Steady Cash Flow: The property features a diverse tenant base across its 13 units, reducing the financial risks related to tenant turnover. This ensures a more predictable and stable cash flow, supporting reliable earnings over time. 4. High-Yield, Low-Risk Asset: The property's mix of unit sizes ensures a consistent demand from tenants, while its strategic location minimizes vacancy risk. It stands out as a high-yield, low-risk investment in a prime urban market. This property at 3901 W. Jackson Blvd. presents a valuable opportunity for investors seeking a steady, reliable, and profitable asset in Chicago's dynamic real estate market.For more details: https://realtyww.info/homes_chicago-d523258/for-sale_i71875442
Property Type:
Single-Family Houses
Posted:
May 16 on RealtyWW
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More About this Listing: Home For Sale In Chicago, Illinois
Home For Sale In Chicago, Illinois is a 5.5 Bath Single-Family Homes for Sale at 3901 W Jackson Blvd in Chicago IL. Find other listings like Home For Sale In Chicago, Illinois and listings near 3901 W Jackson Blvd by searching Oodle Classifieds for 5.5 Bath Single-Family Homes for Sale in Chicago IL.
Home For Sale In Chicago, Illinois is a 5.5 Bath Single-Family Homes for Sale at 3901 W Jackson Blvd in Chicago IL. Find other listings like Home For Sale In Chicago, Illinois and listings near 3901 W Jackson Blvd by searching Oodle Classifieds for 5.5 Bath Single-Family Homes for Sale in Chicago IL.