3220 N Keating Avenue

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3220 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 located in Chicago, Illinois
  • Asset situated at 3220 N Keating Avenue in 60641
  • Residential property available for acquisition in Irving Park
  • Located within a major and established Midwestern metropolitan area

What's Special

3220 N Keating Avenue is a multifamily apartment building situated in the Irving Park neighborhood of Chicago. This residential asset provides a practical investment or management prospect within a well-established urban environment known for its dense housing stock and consistent rental demand. The property benefits from its position within a major Midwestern metropolitan area, characterized by a diverse economic base and significant transportation infrastructure that supports residential stability throughout the surrounding submarket. Investors and property managers often target these types of Chicago multifamily assets for their potential to provide steady housing options for the local workforce. The site is positioned to take advantage of the broader city amenities and the accessibility provided by the neighborhood street grid. Prospective buyers can evaluate this building as an addition to a residential portfolio in a city that remains a primary hub for commerce and infrastructure in the Midwest.

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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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