3324 N Kostner Avenue

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3324 N Kostner 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 at 3324 N Kostner Avenue in Chicago
  • Asset situated within the well-established 60641 residential zip code
  • The property provides direct access to expansive Chicago transit infrastructure
  • Suitable for investors looking to expand their residential unit portfolio
  • Chicago remains a robust market for long-term rental property ownership

What's Special

This multifamily apartment building at 3324 N Kostner Avenue presents a clear investment prospect within the Chicago market. Located in the 60641 zip code, the property sits in a densely populated urban environment characterized by traditional residential architecture and convenient access to local transit corridors. Chicago remains a major economic hub in the Midwest, driven by a diverse employment base and steady demand for rental housing across its varied neighborhoods. Owners of this asset type in the area typically benefit from the consistent tenant interest found in Chicago's stable, established residential submarkets. Given its configuration and setting, the site is suitable for investors seeking to manage or renovate rental units in a well-connected part of the city. Prospective buyers can leverage the existing footprint to maintain long-term residential holdings or pursue value-add initiatives to enhance rental income performance within this established residential corridor.

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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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