2233 S Trumbull Avenue

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2233 S Trumbull Avenue

Chicago, IL 60623
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located at 2233 S Trumbull Avenue
  • Property situated within the Little Village neighborhood of Chicago
  • Asset type suitable for residential investment and rental income
  • Located in a densely populated urban sector of Chicago
  • Well-connected area with proximity to regional transportation routes

What's Special

Situated in the Little Village neighborhood of Chicago, 2233 S Trumbull Avenue is a multifamily apartment building positioned within one of the city's most vibrant and densely populated submarkets. Chicago remains a central hub for logistics, finance, and diverse industrial sectors, providing a consistent demand for well-located residential housing. This property is well-suited for investors seeking to maintain a foothold in a stable urban environment with proximity to major regional transportation corridors and local employment centers. The layout and structure of this apartment building offer functional utility for prospective occupants in a community known for its high walkability and strong neighborhood character. As an asset located in the Illinois market, the property benefits from the broader economic resilience of the Midwest. Investors may consider this for a long-term hold strategy or repositioning efforts to align with current residential rental trends in the immediate area.

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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

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