12559 W 33rd Street

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12559 W 33rd Street

BEACH PARK, IL 60099
Asking Price
Contact for price
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The land parcel spans a total of 1.12 acres.
  • Located in Beach Park within the state of Illinois.
  • Property is categorized as a single-family rental portfolio asset.
  • Situated in the growing suburban market of the Chicago area.
  • The site represents a development opportunity for residential rental housing.

What's Special

This 1.12-acre parcel in Beach Park, Illinois, is designated as a single-family rental portfolio land site. Situated in a suburban region of the Chicago metropolitan area, the location benefits from proximity to major regional transit routes and a steady demand for residential housing options. The site provides a clean slate for developers looking to expand the inventory of available rental properties in Lake County. Investors and builders may find this asset suitable for residential development projects aimed at capitalizing on the growing need for suburban housing. The size and location allow for a well-planned community design that integrates with the existing character of Beach Park. By focusing on residential infrastructure, developers can leverage the regional economic stability of the North Shore and surrounding areas to create long-term value in the single-family rental market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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