2920 N LAKEWOOD Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

2920 N LAKEWOOD Avenue

Chicago, IL 60657
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 in the Lakeview neighborhood of Chicago
  • Positioned near major retail corridors and public transit options
  • Asset benefits from strong rental demand in a dense urban market
  • Located within the 60657 zip code of the Chicago metro area
  • Suitable for investors targeting long-term residential property holdings

What's Special

Situated in the dense residential fabric of Lakeview, this multifamily apartment building at 2920 N Lakewood Avenue benefits from one of Chicago's most active rental submarkets. The property sits within a community known for its high walkability, proximity to public transit lines, and immediate access to the retail corridors along Southport and Belmont. As a mature neighborhood with a steady influx of young professionals and long-term residents, the location provides consistent tenant demand for apartment housing. The building serves as a practical asset for investors seeking to manage inventory in a established urban environment. Its configuration allows for straightforward management while contributing to the local residential landscape. Given the proximity to Lake Michigan and major employment hubs in downtown Chicago, properties in this district typically maintain high occupancy levels. This apartment building represents a functional addition to an investment portfolio centered on consistent income generation within the Chicago metro area.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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

Location & Travel Times