Property Overview

Interra Realty has been exclusively engaged to market the Chicago Heights Apartments. This is a 30 unit apartment complex located in Chicago Heights near the intersection of Halsted Street and Joe Orr Road. The unit mix consists of 6 Studios, 18 one bedrooms and 6 two-bedrooms. There is also a newly paved 30 car parking lot and easy street parking. Recent improvements to the property include newer kitchens and baths, copper plumbing, and a new high efficiency hot water system. This is an opportunity to purchase a well run newly rehabbed apartment building with strong cash flow.

Highlights

  • Great Unit Mix of Studios, 1 Bedrooms, & 2 Bedrooms
  • New Hot Water Heating System
  • Repaved Parking Lot
  • Well Maintained and Managed Property with Great Cash Flow

Key Details

Asking Price
$1,200,000
Number Of Units
30
Lot Size
21,780 SF
Building Size
19,350 SF
Cap Rate
10
Year Built
1968