3707 S Halsted Street

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3707 S Halsted Street

Chicago, IL 60609
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 available for purchase in Chicago
  • Located at 3707 S Halsted Street in the 60609 ZIP code
  • Asset situated in a dense and active Chicago metropolitan submarket
  • Property represents a strategic acquisition for residential investment portfolios

What's Special

This multifamily apartment building at 3707 S Halsted Street in Chicago, IL, is currently for sale and suits investors seeking stable residential assets. Positioned within a dense urban corridor of Chicago, the property benefits from proximity to established transit networks and the consistent rental demand characteristic of this historic metropolitan submarket. The city continues to maintain a diverse economic base, drawing residents who value accessibility to both local neighborhood amenities and the broader regional employment hubs. Residential investments in this area serve as an essential component of a balanced portfolio. Prospective buyers can leverage the existing structure to provide housing for the local workforce or long-term tenants. With its central location in the 60609 ZIP code, the asset provides strategic positioning for owners focused on growth within the Chicago multifamily sector. The building stands as a functional addition for operators looking to capitalize on the steady occupancy trends found throughout the region.

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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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