2156 W BELLE PLAINE Avenue

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2156 W BELLE PLAINE Avenue

Chicago, IL 60618
Asking Price
$1.15M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for sale in Chicago
  • Asset located at 2156 W Belle Plaine Avenue
  • Property situated within the 60618 ZIP code
  • Asking price for the investment is 1,149,900 dollars

What's Special

This multifamily apartment building sits in the North Center neighborhood of Chicago, Illinois. Positioned at 2156 W Belle Plaine Avenue, the asset provides a residential housing option in one of the city's established urban residential markets. The property benefits from its proximity to major transit arteries and the dense, transit-oriented infrastructure characteristic of Chicago's north side, which supports a consistent demand for apartment living. Investors looking to acquire a multi-unit asset in an active metropolitan environment may find this location suitable for their portfolio strategies. The building's layout and configuration accommodate standard residential use, appealing to both long-term tenants and local professionals seeking housing near employment hubs and neighborhood commercial corridors. This area remains a stable component of the broader Chicago real estate landscape, marked by continuous interest from both investors and prospective occupants in the multifamily sector.

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NOI
$80,000
Cap Rate
6.96%
DSCR
1.17
Tight
Cash-on-Cash
3.40%
Monthly Payment
$5,689.078
Annual Cash Flow
$11,731.066

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