4046 W 21st Street

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4046 W 21st Street

Chicago, IL 60623
Asking Price
$430K
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 located at 4046 W 21st Street in Illinois.
  • Asking price for this residential asset is 429900 dollars.
  • Located within the dense urban market of the 60623 area.
  • Suitable for investors managing small scale multi-unit housing assets.

What's Special

Investors seeking to expand their residential portfolios will find this multifamily apartment building at 4046 W 21st Street a practical addition. Situated in Chicago, Illinois, the property serves as a functional asset within the city's established urban residential landscape. Chicago remains a major economic hub in the Midwest with a diverse population, supporting consistent demand for rental housing across its varied neighborhoods. This asset provides a stable entry point for those looking to manage a small-scale multi-unit investment in a dense, transit-oriented market. The structure is well-positioned for an owner looking to manage residential tenancies within the 60623 ZIP code. Its location offers connectivity to the broader metropolitan area, making it a viable option for long-term hold strategies. The property functions effectively as a residential rental facility, catering to the ongoing need for housing options in this sector of the city.

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NOI
$80,000
Cap Rate
18.61%
DSCR
3.13
Strong
Cash-on-Cash
42.24%
Monthly Payment
$2,126.911
Annual Cash Flow
$54,477.072

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