4131 N Richmond Street

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4131 N Richmond Street

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).

  • Multifamily apartment building available for sale in Chicago
  • Located at 4131 N Richmond Street in the 60618 area
  • Asset positioned within a dense and established residential market
  • Suitable for investors targeting consistent urban rental housing demand
  • Proximity to regional transit and local Chicago employment centers

What's Special

This apartment building located at 4131 N Richmond Street serves as a functional multifamily asset within the Chicago market. Situated in the 60618 zip code, the property benefits from its positioning in one of the city's established residential corridors. The local area maintains steady demand for rental housing due to its accessibility to public transportation networks and proximity to major employment hubs throughout the metropolitan region. Investors looking to expand their portfolio in a densely populated urban environment will find this asset aligns with traditional multifamily investment models. Given the stable population base in this section of Chicago, the building is well-positioned to serve long-term tenants seeking consistent housing options. The property offers a straightforward investment profile for those prioritizing location and asset class fundamentals within a major midwestern city.

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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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