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Pullam District Apartment Portfolio

6 Multifamily Properties Offered at $1,786,000 in Chicago, IL

Investment Highlights

  • Under Market Rents!
  • Walking Distance to the Metra Train Station!
  • Various Apartments & Common Areas Remodeled!

Executive Summary

PORTFOLIO SALE - A total of 24-apartments over 6 buildings near the Historical Pullman District. The Portfolio consists of (3) - 3 Bedrooms, (6) - 2 Bedroom and (15) - 1 Bedroom apartments. 22 of the 24 apartments are separately metered (Gas/Electric). Landlord pays Water. Various improvements includes: Roof is 10-12 years old, Updated Electrical, Tuck-pointing completed and New Siding on all garages.
Six - 4 unit apartment buildings for sale in the Pullman neighborhood. Walking Distance (0.5-mile) from the Metra Train Station and 20-minutesto downtown Chicago (Loop). President Obama declared the Pullman historic district a U.S. National Monument in 2015, making it Chicago’s first and only unit of the National Park Service. TOUR IS SCHEDULED FOR THE WEEKEND OF OCTOBER 29TH OR 30TH....TBD.

Property Facts

Price $1,786,000
Price / SF $115.45 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 7.85%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 15,470 SF
Total Land Area 0.11 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
11412 S Champlain Ave, Chicago, IL 60628 Multifamily 2,120 SF 1888 -
11416 S Champlain Ave, Chicago, IL 60628 Multifamily 2,120 SF 1888 -
11434 S Champlain Ave, Chicago, IL 60628 Multifamily 2,120 SF 1888 -
11408 S Champlain Ave, Chicago, IL 60628 Multifamily 2,120 SF 1888 -
11225 S Champlain Ave, Chicago, IL 60628 Multifamily 3,840 SF 1888 -
11215 S Champlain Ave, Chicago, IL 60628 Multifamily 3,150 SF 1888 -
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  • Listing ID: 26881152

  • Date on Market: 10/18/2022

  • Last Updated:

  • Address: Pullam District Apartment Portfolio, Chicago, IL

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