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 |
| 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 |
1 of 1
PROPERTY TAXES
| Parcel Number | 15-15-409-008-0000 | Improvements Assessment | $18,610 |
| Land Assessment | $1,890 | Total Assessment | $20,500 |
