May 15 • I GOT A DEAL!
Apartment building in Chicago
I am talking to the owner of an apartment building in Chicago. Please reach out to me if you are interested.
Asking 5.5 Million
Total 31 units
25 units: 2 bed 1 bath (700 sqft)
6 units: 1 bed 1 bath (700 sqft)
~3 years tenant cycle with long-term tenants.
Appraised 175k a unit two years ago.
29/31 currently rented
$1400-$1750 rent a month
owned 20 years
Getting old, trying to sell.
Existing mortgage but not much compared to 5.5 million
Has to be one time payment.
3
5 comments
Apartment building in Chicago
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