5042 W Winnemac Avenue

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5042 W Winnemac 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).

  • Located at 5042 W Winnemac Avenue in Chicago, Illinois.
  • This asset is classified as a multifamily apartment building.
  • The property is currently available for purchase in Chicago.
  • The building is situated within the 60630 zip code area.
  • Multifamily residential use remains consistent with the local submarket.

What's Special

Chicago remains a dense and active market for multifamily investment, characterized by stable demand for rental housing across its varied neighborhoods. This apartment building sits at 5042 W Winnemac Avenue, positioned within the 60630 zip code of Chicago. The property serves as a functional asset for investors looking to expand their portfolio within the local residential sector. Given the ongoing need for rental units in metropolitan Chicago, this building provides a practical opportunity to maintain a steady tenant base in a well-established urban environment. Multifamily assets in this region typically attract interest from those seeking long-term income potential or value-add possibilities through operational improvements. The scale and layout of this building accommodate standard residential operations, making it suitable for both professional management companies and private owners focused on the city 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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