4542 N Karlov Avenue

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4542 N Karlov Avenue

Chicago, IL 60630
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 located at 4542 N Karlov Avenue in 60630.
  • Asset sits within a well-established residential submarket of Chicago.
  • Well-connected location near local thoroughfares and urban amenities.
  • Strategic investment for those targeting the Chicago rental market.

What's Special

This multifamily apartment building is situated at 4542 N Karlov Avenue in Chicago, Illinois. Positioned within the 60630 zip code, the property resides in a well-established residential submarket of the city. Chicago maintains a diverse economic landscape and a deep, multi-generational tenant base, supporting consistent demand for well-located rental housing assets. The neighborhood provides accessibility to major local thoroughfares and public transportation networks, common features for residents seeking connectivity to the broader metropolitan area. Investors looking for a stabilized residential asset in this region will find the property well-positioned to serve long-term housing needs. The building structure aligns with traditional apartment inventory found throughout the city, providing functional layouts suitable for various tenant profiles. Its central location allows occupants to benefit from the established infrastructure and commercial amenities that define this section of Chicago. Prospective owners have the potential to capitalize on the ongoing rental market activity characteristic of this dense urban environment.

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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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