10214 S State Street

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10214 S State Street

Chicago, IL 60628
Asking Price
$290K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Chicago, Illinois.
  • Property is situated at 10214 S State Street.
  • The asking price for this asset is 290,000 dollars.
  • Site resides within the active Chicago residential real estate market.
  • Functional residential asset suitable for a diverse investment portfolio.

What's Special

This multifamily apartment building sits at 10214 S State Street in Chicago, IL. Located in a established neighborhood within the city, the property provides access to major transit corridors and local commerce. The asset represents a functional addition to a residential portfolio, serving the ongoing demand for rental housing in the Chicago metropolitan area. Its configuration suits investors seeking a long-term hold in a densely populated urban environment that benefits from regional economic stability and consistent tenant interest. Prospective buyers will find the site well-positioned for traditional multifamily operations. The layout accommodates standard residential use cases, making it an efficient choice for those looking to manage rental assets in a major midwestern hub. This property offers a straightforward investment vehicle for individuals or firms targeting the Chicago residential sector.

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NOI
$80,000
Cap Rate
27.59%
DSCR
4.65
Strong
Cash-on-Cash
72.16%
Monthly Payment
$1,434.762
Annual Cash Flow
$62,782.859

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