2323 W Fullerton Avenue

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2323 W Fullerton Avenue

Chicago, IL 60647
Asking Price
$999K
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
  • Asset available for sale at nine hundred ninety-nine thousand dollars
  • Property positioned at 2323 West Fullerton Avenue
  • Located within the dynamic Chicago 60647 zip code
  • Investment opportunity situated in a major metropolitan market

What's Special

Priced at $999,000, this multifamily apartment building is situated at 2323 W Fullerton Avenue in Chicago. The asset sits within the vibrant 60647 zip code, an area characterized by its dense urban layout and proximity to various neighborhood transit hubs. Chicago continues to serve as a major Midwestern economic engine, supporting a diverse range of residential housing needs across its many unique submarkets. Apartment buildings in this sector of the city benefit from consistent demand driven by the large local workforce and the accessibility of major thoroughfares throughout the metro area. This property provides an entry point for investors seeking to manage rental inventory in a high-density neighborhood. The building footprint is well-suited for traditional residential tenancy or potential value-add repositioning strategies consistent with standard urban multifamily practices.

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NOI
$80,000
Cap Rate
8.01%
DSCR
1.35
Strong
Cash-on-Cash
6.90%
Monthly Payment
$4,942.507
Annual Cash Flow
$20,689.917

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