3541 N Oakley Avenue

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3541 N Oakley Avenue

Chicago, IL 60618
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).

  • Multi-family apartment building available for sale in Chicago.
  • Located at 3541 N Oakley Avenue in the 60618 area.
  • Property features a prime position within a major metro market.
  • Suitable for long-term hold or strategic residential investment.
  • Benefits from consistent tenant demand throughout the city.

What's Special

Multi-family investors looking to capitalize on the robust rental demand in Chicago will find this apartment building on North Oakley Avenue a strategic addition to their portfolio. The property is situated in the 60618 zip code, a vibrant area known for its density and proximity to key neighborhood amenities. As part of the larger Chicago market, the building benefits from the city's diverse economy and deep talent pool, which consistently drive interest in multi-family residential assets. This location remains a staple for renters seeking proximity to urban centers while enjoying the character of established residential corridors. The asset type allows for a straightforward value-add strategy or a stabilized hold depending on current operational goals. Prospective buyers can leverage the existing footprint to maintain long-term occupancy within this desirable suburban-style pocket of the city. Future owners will appreciate the stability provided by the well-connected infrastructure and the continuous demand for quality housing within this specific neighborhood of Chicago.

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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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