AIA/// 6 UNITS /// HUMBOLDT PARK | 1538 N Homan Ave
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AIA/// 6 UNITS /// HUMBOLDT PARK 1538 N Homan Ave
6 Unit Apartment Building $920,000 ($153,333/Unit) 8.15% Cap Rate Chicago, IL 60651
Investment Highlights
- 1 & 2-BEDROOM APARTMENTS
- 3/6 UNITS GUT RENOVATED WITH CENTRAL AIR
- (3) OFF-STREET PARKING SPACES
- TENANT PAID HEAT & HOT WATER
- BEDROOM CONVERSION POTENTIAL
- 2 BLOCKS TO THE 606 TRAIL & HUMBOLDT PARK
Executive Summary
Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject property.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
Property Facts
| Price | $920,000 | Property Subtype | Apartment |
| Price Per Unit | $153,333 | Building Class | C |
| Sale Type | Investment | Building Size | 15,000 SF |
| Cap Rate | 8.15% | Average Occupancy | 100% |
| Gross Rent Multiplier | 7.94 | No. Stories | 3 |
| No. Units | 6 | Year Built | 1910 |
| Property Type | Multifamily |
| Price | $920,000 |
| Price Per Unit | $153,333 |
| Sale Type | Investment |
| Cap Rate | 8.15% |
| Gross Rent Multiplier | 7.94 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 15,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 16-02-201-044-0000 | Improvements Assessment | $48,752 |
| Land Assessment | $4,248 | Total Assessment | $53,000 |
PROPERTY TAXES
Parcel Number
16-02-201-044-0000
Land Assessment
$4,248
Improvements Assessment
$48,752
Total Assessment
$53,000
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Jack Cassin -
Bill Cassin -
Apartment Investment Advisers, LLC
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AIA/// 6 UNITS /// HUMBOLDT PARK | 1538 N Homan Ave
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