3430 W 12th Place

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3430 W 12th Place

Chicago, IL 60623
Asking Price
$455K
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
  • Asking price for the property is 455000 dollars
  • Situated within the 60623 zip code area
  • Asset type classified as a residential apartment building
  • Strategic location in a major Midwestern metropolitan market

What's Special

This multifamily apartment building is positioned at 3430 W 12th Place in Chicago, Illinois. The property serves as a stable residential asset within a dense urban landscape, benefiting from the robust economic base and diverse population characteristic of the greater Chicago metropolitan area. Its location provides residents with access to major transit routes and local infrastructure, essential for connectivity throughout the region. Investors and operators may consider this site for long-term hold strategies or repositioning efforts to address the consistent demand for rental housing in this submarket. The configuration is suitable for a variety of multifamily operational models that cater to the evolving needs of city residents. With its placement in a well-established neighborhood, the asset offers clear potential for those looking to expand a residential portfolio in a primary Midwest market. The property structure remains well-suited for traditional leasing operations or residential investment planning.

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NOI
$80,000
Cap Rate
17.58%
DSCR
2.96
Strong
Cash-on-Cash
38.82%
Monthly Payment
$2,251.092
Annual Cash Flow
$52,986.899

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