2921 S Bonfield Street

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2921 S Bonfield Street

Chicago, IL 60608
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 2921 S Bonfield Street.
  • Property situated within the Bridgeport area of Chicago Illinois.
  • Residential asset ideal for long-term investment holding strategies.
  • Close proximity to downtown business districts and major transport.
  • Located in the 60608 zip code of the Chicago market.

What's Special

This multifamily apartment building at 2921 S Bonfield Street provides a residential investment asset within the Bridgeport neighborhood of Chicago. The property is positioned in a historic community known for its central location and proximity to the city core, benefiting from consistent demand for workforce housing and rental apartments. Given the layout and residential zoning context of the immediate area, this structure is well-suited for long-term hold strategies by investors looking to capture market rents or value-add potential in an established Chicago submarket. Residents here enjoy convenient access to major thoroughfares and public transportation networks that connect the South Side to the downtown business district and surrounding regional employment hubs. The building functions as an essential component of the local housing stock, offering a stable entry point for those seeking to expand a portfolio within the vibrant and densely populated Illinois market. Its strategic placement within the 60608 zip code ensures accessibility to neighborhood commercial amenities and essential services required for diverse tenant populations.

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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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