414 & 410 S Kilbourn Avenue

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414 & 410 S Kilbourn 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 located in Chicago, Illinois.
  • Property situated at 414 and 410 S Kilbourn Avenue.
  • Located within the 60624 zip code area of Chicago.
  • Asset type suitable for long-term residential rental investment strategies.
  • Located in a major urban market with dense infrastructure.

What's Special

The multifamily apartment buildings located at 414 and 410 S Kilbourn Avenue in Chicago, Illinois, present a residential investment in the 60624 zip code. These properties are situated within a major Midwestern urban center that supports a diverse economy and high demand for rental housing across its established neighborhoods. Chicago remains a hub for transportation and commerce, drawing residents who benefit from access to regional transit networks and proximity to various local employment centers. This asset type serves as a functional addition to a rental portfolio, offering potential for long-term residential leasing strategies. The layout is conducive to providing housing units in a dense, well-connected market. Investors looking to acquire residential real estate in the city will find these buildings positioned within a region known for its extensive infrastructure and continued residential density. The property represents a straightforward opportunity for those managing rental assets within the broader Chicago metro 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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