Fully Leased 3 Flat Building on Chicago’s West Side
No Longer Available
4114 W. Maypole Ave.
Chicago, IL 60624
3,678 SF
Multi-Family
The Details
- 3,678 SF multi-family building
- Fully occupied building
- Three flat building built in 2008
- Each apartment is 2 bed, 1.5 bath
- Units are individually metered for heat and electricity
- Solid in-place income with long-term tenants
- Paved area for resident parking
- Pro Forma NOI: $32,522
- Pro Forma Cap Rate: 10.9%
- Land Area: 3,025 SF
- Zoning: RT-4
A three flat apartment building developed in 2008 is available for sale. The 100% occupied building features all two bedroom, one and a half bath apartments and all utilities are individually metered. There is a paved parking area for residents behind the building. This building has solid in-place income with a potential for more than $32,000 of net operating income. A great opportunity to purchase a stabilized building in Chicago.
This apartment building is located on the west side of Chicago near the Pulaski Green Line station. The building is close to Tilton Elementary School as well as shopping and dining options on Madison St.