12953 W 28th Street

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12953 W 28th 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 property encompasses 0.92 acres of land for residential development.
  • Located in Beach Park, Illinois within the Chicago metropolitan area.
  • The site is designated for a single-family rental portfolio.
  • Positioned with access to regional transportation infrastructure and major highways.
  • The land is suited for investors targeting the suburban rental market.

What's Special

This 0.92-acre parcel of land in Beach Park, Illinois, is positioned for residential development within a growing suburban market in the Chicago metropolitan area. Its size and location make it suitable for a single-family rental portfolio project, addressing the consistent demand for housing in this region. The site provides access to the infrastructure and transport networks serving the northern Illinois corridor, facilitating convenient transit to neighboring communities and regional employment centers. Investors and developers focusing on build-to-rent strategies will find this acreage compatible with current market needs for modern residential inventory. Local housing demand remains steady, supported by the proximity to Lake Michigan and major transportation arteries that connect this area to the broader metropolitan economy. With sufficient space for multiple housing units, this property allows for a clear development path in a well-established residential submarket.

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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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