11 157TH ST

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11 157TH ST

CALUMET CITY, IL 60409
Asking Price
$400K
Cap Rate
9.28%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

7-Unit South Cook County Multifamily Opportunity Offered at $57K/Unit with Strong In-Place Cash Flow <p><strong>High-Yield 7-Unit Multifamily Opportunity</strong></p><p>11 E 157th St. offers investors the opportunity to acquire a 7-unit multifamily asset in Calumet City, Illinois, with strong in-place income and an attractive basis relative to surrounding sales comparables.</p><p></p><p><strong>Compelling Acquisition Basis</strong></p><p>The property is being offered at $400,000, equating to $57,143 per unit and $80 per square foot, positioning the asset below many comparable multifamily offeri

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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