4822 N Leavitt Street

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4822 N Leavitt Street

Chicago, IL 60625
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 at 4822 N Leavitt Street.
  • Situated in the Chicago residential neighborhood of Lincoln Square.
  • Asset provides direct access to major Chicago regional transit.
  • Well-suited for long-term rental income or portfolio repositioning.
  • Located within a dense and established urban residential market.

What's Special

4822 N Leavitt Street presents an apartment building situated in the Lincoln Square neighborhood of Chicago. This multifamily asset occupies a key position within a dense urban submarket known for its established residential character and proximity to major north-side transit corridors. The area maintains a consistent demand for rental housing due to its access to local retail, park space, and the broader regional economy of Chicago. Investors and property operators will find this asset suitable for various portfolio strategies, including long-term rental income generation or repositioning within a mature, supply-constrained market. The property provides a tangible entry point into one of the city's most stable residential sectors. Given the layout and zoning typical of this neighborhood, the building is well-positioned to serve tenants seeking proximity to transit and local amenities.

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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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