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1222 E 52nd Street
Chicago, IL 60615
Asking Price
$1.52M
Cap Rate
7.99%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
±0.5 Miles from University of Chicago | 7.99% CAP <ul><li>Rare Large Unit Mix - The property consists of six (6) oversized 3-bedroom units and one (1) 1-bedroom unit, offering an attractive layout for families and students seeking larger floorplans in a highly desirable Hyde Park corridor.</li><li>Current ownership has maintained below market rents. Comparable renovated 3-bedroom units in the immediate area have recently achieved rents around $2,100/month.</li><li>Hot water tanks in Unit</li><li>Washer/Dryers in Unit</li><li>Tenants pay fo
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NOI
$80,000
Cap Rate
5.25%
DSCR
0.88
Underwater
Cash-on-Cash
-2.30%
Monthly Payment
$7,544.868
Annual Cash Flow
$-10,538.415
