2329 N Sacramento Avenue

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2329 N Sacramento Avenue

Chicago, IL 60647
Asking Price
$955K
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
  • Priced at an asking point of 955000 dollars
  • Situated within the popular 60647 zip code area
  • Asset provides residential rental investment potential in Chicago
  • Well-positioned for investors targeting dense urban markets

What's Special

This multifamily apartment building at 2329 N Sacramento Avenue serves as a prime investment vehicle within the vibrant Logan Square neighborhood of Chicago. As a dense, transit-oriented submarket, this area remains a focal point for long-term residential demand driven by the city's diverse employment base and consistent population growth. The property offers a stable opportunity for investors seeking to acquire residential assets in a well-established urban corridor. Its positioning within Illinois' largest city provides proximity to regional transit hubs and neighborhood amenities, making it well-suited for a standard rental portfolio. The structure functions efficiently as a multi-unit residential asset, catering to the ongoing need for housing in this highly sought-after metropolitan district.

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NOI
$80,000
Cap Rate
8.38%
DSCR
1.41
Strong
Cash-on-Cash
8.13%
Monthly Payment
$4,724.819
Annual Cash Flow
$23,302.173

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