2946 N Keating Avenue

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2946 N Keating Avenue

Chicago, IL 60641
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 available for purchase in Chicago
  • Property features a total of six individual units
  • Located in the 60641 zip code of Chicago
  • Asset provides an established residential investment opportunity
  • Strategically situated within a dense urban rental market

What's Special

This multifamily apartment building at 2946 N Keating Avenue in Chicago is currently available for sale, presenting a steady acquisition option for residential real estate investors. The property encompasses 6 units, positioning it as a manageable asset for those looking to expand their portfolio within a dense urban market. Chicago remains a resilient economic hub with diverse employment opportunities, supporting a consistent demand for well-maintained rental housing across its varied neighborhoods. Prospective buyers can leverage this multi-unit configuration to generate reliable rental income while benefiting from the city's robust transit infrastructure and local community amenities. Situated within the 60641 zip code, the building provides easy access to the broader metropolitan region, making it an attractive choice for tenants who prioritize proximity to essential services and transport corridors. This asset type is well-suited for long-term hold strategies focused on capitalizing on the enduring strength of the Chicago residential rental market.

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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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