4709 W Washington Boulevard

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4709 W Washington Boulevard

Chicago, IL 60644
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
  • Situated at 4709 W Washington Boulevard in the 60644 zip code
  • Asset is located within the residential community of Austin
  • Residential property available for investment in a major city
  • Accessible location near significant transit corridors and local infrastructure

What's Special

This multifamily apartment building at 4709 W Washington Boulevard in Chicago, Illinois, represents a residential asset in a dense urban environment. Positioned within the Austin neighborhood, the property benefits from proximity to established transit corridors and the broader economic vitality of the Chicago metropolitan region. The layout of the asset provides functional space suitable for traditional rental housing strategies, catering to the ongoing demand for workforce and market-rate units in city locations. Investors and property operators often target assets of this nature for value-add repositioning or as a stable income-producing addition to a diverse real estate portfolio. The structure sits in a well-connected pocket of the West Side, offering residents access to local amenities and major thoroughfares that link to the central business district and surrounding suburbs. This investment profile aligns with those seeking residential holding opportunities in the Chicago market.

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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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