3450 W Diversey Avenue

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3450 W Diversey Avenue

Chicago, IL 60647
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 3450 W Diversey Avenue
  • Asset is situated within the Chicago metropolitan area
  • Property resides in the 60647 zip code region
  • Building serves as a potential long-term residential investment
  • Urban location offers accessibility to transit and amenities

What's Special

This multifamily apartment building is positioned at 3450 W Diversey Avenue in Chicago. Located within the 60647 zip code, the property sits in a dense urban environment characterized by its mix of residential and local commercial corridors. Chicago continues to serve as a major economic hub for the Midwest, benefiting from a diverse labor pool and an extensive transportation network that supports both regional and national commerce. The structure provides a functional asset for investors looking to expand their portfolio within this active Chicago submarket. Given the local market demographics and the configuration of the property, it remains well-suited for long-term residential leasing operations. Proximity to established transit routes and local amenities makes this an accessible option for tenants seeking housing in a vibrant neighborhood setting.

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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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