2620 S Sawyer Avenue

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2620 S Sawyer 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 2620 S Sawyer Avenue
  • Asset is currently available for purchase in Chicago Illinois
  • Property provides direct access to the dense Chicago residential market
  • Strategically positioned within a major regional economic and population center

What's Special

The apartment building situated at 2620 S Sawyer Avenue provides an investment opportunity within the Chicago multifamily market. This asset is positioned in a well-established urban environment, offering proximity to the density and transportation infrastructure characteristic of the city's residential landscape. As a multifamily property, it serves as a functional addition to a diverse real estate portfolio focused on stable housing assets. Chicago remains a central hub for Midwest commerce, driven by a resilient economy and a significant concentration of corporate headquarters. Investors in this submarket benefit from consistent rental demand across various neighborhoods. This building represents a straightforward acquisition for those looking to capitalize on the sustained need for multi-unit residential space in a major metropolitan area. Prospective buyers can explore various management strategies to optimize the operational performance of this residential asset.

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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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