3006 S Poplar Avenue

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3006 S Poplar Avenue

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 in Chicago, Illinois.
  • Property is currently listed for sale to investors.
  • Situated at the address of 3006 S Poplar Avenue.
  • Located within the dynamic Chicago metropolitan housing market.
  • Suitable asset for long-term residential leasing operations.

What's Special

This multifamily apartment building sits at 3006 S Poplar Avenue in Chicago, Illinois. Positioned within the vibrant Chicago metro area, this asset benefits from proximity to established residential neighborhoods and the diverse economic drivers that define the city. Chicago remains a significant hub for corporate headquarters, logistics, and professional services, providing a consistent demand for housing across its various boroughs and districts. Investors and property operators will find this asset suitable for residential leasing strategies. The location allows for access to regional transportation infrastructure and the extensive public transit network that supports the dense urban environment of the city. Prospective buyers can explore potential value-add opportunities or maintain the current multifamily use to capitalize on the ongoing need for rental inventory in this 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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