2525 N Orchard St
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2525 N Orchard St
6 Unit Apartment Building $3,000,000 ($500,000/Unit) 6% Cap Rate Chicago, IL 60614
Investment Highlights
- Prime Lincoln Park Location
- In-Unit Laundry and Individual HVAC
- Three Parking Spaces
- Renovated Units with Modern Finishes
- New Building Systems
Property Facts
| Price | $3,000,000 | Apartment Style | Low Rise |
| Price Per Unit | $500,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 6% | Building Size | 4,169 SF |
| Gross Rent Multiplier | 12.1 | No. Stories | 3 |
| No. Units | 6 | Year Built/Renovated | 1881/2017 |
| Property Type | Multifamily | Parking Ratio | 0.72/1,000 SF |
| Property Subtype | Apartment |
| Price | $3,000,000 |
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Gross Rent Multiplier | 12.1 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,169 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1881/2017 |
| Parking Ratio | 0.72/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,999 | 579 - 587 |
| 2+1 | 1 | $3,099 | 645 |
| 3+2 | 1 | $4,835 | 1,193 |
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Walk Score ®
Very Walkable (89)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 14-28-313-003-0000 | Improvements Assessment | $101,391 |
| Land Assessment | $45,000 | Total Assessment | $146,391 |
PROPERTY TAXES
Parcel Number
14-28-313-003-0000
Land Assessment
$45,000
Improvements Assessment
$101,391
Total Assessment
$146,391
zoning
| Zoning Code | RM-5 |
| RM-5 |
-
Joe Smazal -
Mark Dykstra -
Jeremy Morton -
Interra Realty
(312) 477-0194
x423
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2525 N Orchard St
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