4043 W 5th Avenue

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4043 W 5th Avenue

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).

  • Multifamily apartment building available for purchase in Chicago.
  • Property is situated at 4043 W 5th Avenue.
  • Located within the West Garfield Park neighborhood of Chicago.
  • Positioned within a dense residential and urban market area.
  • Asset type suitable for residential rental investment portfolios.

What's Special

Situated in the West Garfield Park neighborhood of Chicago, this multifamily apartment building occupies a strategic position within the local housing market. This area provides residents with connectivity to the broader Chicago metropolitan region, benefiting from established public transit infrastructure and proximity to major thoroughfares that facilitate travel throughout the city. The property represents a functional addition to an investment portfolio, suitable for long-term hold strategies focused on residential rental income. The structural nature of this asset type allows for diverse management approaches within the urban rental landscape. Investors often utilize buildings in this submarket to provide essential housing options, catering to the ongoing demand for residential space in Chicago. Its location offers access to neighborhood amenities while maintaining a standard profile for multi-unit apartment living. The site is positioned to serve tenants seeking accessibility in one of the Midwest's primary economic hubs.

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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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