4934-36 W Jackson Boulevard

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4934-36 W Jackson Boulevard

Chicago, IL 60644
Asking Price
$999K
Cap Rate
9.2%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Six-unit apartment building located in Chicago Illinois
  • Priced at nine hundred ninety-nine thousand dollars
  • The asset demonstrates a 9.2 percent capitalization rate
  • Residential investment located at 4934-36 W Jackson Boulevard
  • Property supports a value-add or stabilized income strategy

What's Special

This six-unit multifamily apartment building located at 4934-36 W Jackson Boulevard in Chicago is currently available for sale at $999,000. Positioned within the 60644 zip code, the asset represents a straightforward value-add or stabilized income opportunity for investors seeking exposure to the Chicago residential market. With a recorded capitalization rate of 9.2%, the property provides a notable yield in a densely populated urban environment known for its diverse housing stock and steady rental demand. The West Side submarket benefits from its connectivity to the broader Chicago metro area, supported by established transit infrastructure and major arterial roadways. Apartment buildings of this scale are well-suited for investors focused on multi-family assets that cater to the local workforce and long-term residential base. Prospective owners will find this building positioned to serve the ongoing need for rental housing in a market characterized by consistent occupancy trends and essential neighborhood services.

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NOI
$80,000
Cap Rate
8.01%
DSCR
1.35
Strong
Cash-on-Cash
6.90%
Monthly Payment
$4,942.507
Annual Cash Flow
$20,689.917

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