3657 W Ohio Street

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3657 W Ohio Street

Chicago, IL 60624
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).

  • Residential apartment building located at 3657 W Ohio Street.
  • Property situated within the Chicago metropolitan area housing market.
  • Multifamily asset categorized specifically as an apartment building.
  • Strategic position within the 60624 zip code of Chicago.
  • Positioned for investors seeking multi-unit residential property holdings.

What's Special

Multifamily investors can capitalize on this apartment building situated on West Ohio Street in Chicago. The asset provides a residential foundation within the 60624 zip code, a area characterized by its proximity to the city's dense urban infrastructure and established transportation corridors. Chicago remains a primary hub for commerce and residential demand, offering long-term stability for those focused on expanding their regional portfolio. This property represents a traditional apartment configuration capable of serving the local housing market needs in a well-connected suburban-urban hybrid setting. Its positioning within the city grid allows for straightforward access to regional employment centers and key municipal thoroughfares. Owners may find this site suitable for repositioning or as a sustained income-generating vehicle within their existing holding strategy. The local economy benefits from Chicago's diverse industrial base and its reputation as a central node for Midwest logistics and professional services, creating a consistent environment for residential leasing activity across the metropolitan area.

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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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