1244 W. Thorndale Avenue

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1244 W. Thorndale Avenue

Chicago, IL 60660
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

7.64% Projected CAP <ul><li>​Architectural Foundation & Engineering Flexibility: A near-complete architectural permit set by Kennedy Mann Architecture is in hand, and MEP/structural drawings were intentionally paused to preserve flexibility, allowing a buyer to either pick up where the team left off or transition the plans to their own design consultants.</li><li>​Shovel-Ready Demo Execution: The interior demolition permit has already been secured and executed. A buyer can mobilize and begin work under this active

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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

Location & Travel Times