2604 W Argyle Street

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2604 W Argyle Street

Chicago, IL 60625
Asking Price
$850K
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 purchase in Chicago
  • Located at 2604 W Argyle Street within the 60625 ZIP code
  • Asset offered at an asking price of $849,900
  • Provides a strategic residential investment opportunity in the IL market
  • Positioned within a dense and established urban neighborhood

What's Special

This multifamily apartment building at 2604 W Argyle Street in Chicago is available for sale, providing a practical acquisition for investors seeking residential assets in the IL market. Situated in the 60625 ZIP code, the property benefits from its position within a dense urban landscape characterized by a diverse rental population and steady demand for well-located housing. The asset serves as an efficient vehicle for those focused on income generation or long-term portfolio growth within a established North Side neighborhood. Chicago maintains a robust economy driven by a variety of sectors, including finance, technology, and manufacturing, which supports a consistent need for apartment inventory across all boroughs. Investors often utilize assets of this scale to capitalize on the city's accessibility and proximity to transit corridors. Prospective buyers can assess the property for its operational potential and its ability to fit into a broader residential investment strategy.

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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.59%
Monthly Payment
$4,204.841
Annual Cash Flow
$29,541.902

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