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4521 S Honore St
Chicago, IL 60609
Asking Price
$1.00M
Cap Rate
8.01%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
7-Unit Multifamily | 8.01% CAP <ul><li>7-unit multifamily investment opportunity in Chicago's Back of the Yards neighborhood</li><li>100% occupied with current annual in-place rent of approximately $113,880</li><li>Mark-to-market opportunity with projected rents exceeding current rents by approximately $5,220 annually</li><li>Unit mix includes six 2BR/1BA units and one 2BR/2BA coach house</li><li>Located in Back of the Yards, a historic South Side Chicago neighborhood known for its strong community identity, workforce ho
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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
