5 Flat 7506 Oakley Chi West Ridge Chicago IL Mf| Chicago Property Listings – X Plus Real Estate

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5 Flat 7506 Oakley Chi West Ridge Chicago IL Mf

City: Chicago ZIP: 60645

Built In: 1952

Lot Size: 7,125

Detailed Listing Description

Chicago Real Estate Resources, Inc. (CRER) presents a rare opportunity to invest in a boutique five-unit apartment building located in desirable West Rogers Park neighborhood of Chicago. This property is situated on a huge 7,125 sf (57' X 125') site with a detached (3) car garage and two outdoor parking spaces. Each unit contains (2) bedrooms and (1) bathroom, one of the five units is located on the garden level. Each unit has its own separate (tenant paid) radiant heating system. Current cap rate 6.1%, potential value add cap rate 7.38%. This highly desirable West Rogers Park location o ers tenants easy access to public transportation restaurants, neighborhood shopping and the beach.

Additional Property Details

Comparative Data

Zip Code Comparison: 60645

Listings in this Zip Code average: 3 to 4 units,

Neighborhood Comparison:
CHI - West Ridge

Listings in this Neighborhood average: 2 to 3 units, with average prices of $461,847 to $506,048
This listing is 32% more than other 5 unit listings in this neighborhood.

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Listing Agent: Steven Rapoport
Listing Office: Chicago Real Estate Resources
1649 W WRIGHTWOOD AVE # 1F Chicago

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