9 building 24 unit multi-family portfolio with a 17.75% Cash on Cash | 9.2% Cap Rate | 1.93 Debt Service. 100% occupied with approximately 65%-75% affordable housing units, providing a safe pandemic resistant investment with excellent cash flow. The units feature favorable floor plans featuring 2 and 3 bedroom units, hardwood flooring, and updated kitchens and baths. All of the buildings in the portfolio are brick and have been renovated/updated in the past 8 - 10 years and are in close proximity to each other for easy management. Great Replacement Property for a 1031 Exchange. Property addresses include 2137 S Millard, 2220 S Ridgeway, 1549 S Christiana, 1512 S St Louis, 1928 S St Louis, 1528 S Trumbull, 1804 S Drake, 1516 S Komensky & 4439 W Van Buren. Being sold as a portfolio only - not considering separating individually.
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For more information about 1928 S St Louis, Chicago, IL 60623 contact Corcoran Urban Real Estate.
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