AIA /// 12 UNITS /// BROADVIEW | 1917 S 16th Ave
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AIA /// 12 UNITS /// BROADVIEW 1917 S 16th Ave
12 Unit Apartment Building $1,025,000 ($85,417/Unit) 8.36% Cap Rate Broadview, IL 60155
Investment Highlights
- TWO 6-UNIT APARTMENT BUILDINGS
- 12 PARKING SPACES
- LONG TERM OWNERS
- NEW ROOFS ON BOTH BUILDINGS
- IMMEDIATE RENTAL UPSIDE
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 | $1,025,000 | Property Subtype | Apartment |
| Price Per Unit | $85,417 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.36% | Lot Size | 0.07 AC |
| Gross Rent Multiplier | 6.4 | Building Size | 15,000 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1967 |
| Price | $1,025,000 |
| Price Per Unit | $85,417 |
| Sale Type | Investment |
| Cap Rate | 8.36% |
| Gross Rent Multiplier | 6.4 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 15,000 SF |
| No. Stories | 3 |
| Year Built | 1967 |
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PROPERTY TAXES
| Parcel Number | 15-15-409-008-0000 | Improvements Assessment | $18,610 |
| Land Assessment | $1,890 | Total Assessment | $20,500 |
PROPERTY TAXES
Parcel Number
15-15-409-008-0000
Land Assessment
$1,890
Improvements Assessment
$18,610
Total Assessment
$20,500
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AIA /// 12 UNITS /// BROADVIEW | 1917 S 16th Ave
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