5258 S Emerald Avenue

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5258 S Emerald Avenue

Chicago, IL 60609
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 sale in Chicago
  • Located at 5258 S Emerald Avenue in the 60609 area
  • Asset provides residential housing units within an urban setting
  • Property position offers connectivity to regional transit and employers
  • Established market context supports steady demand for rental housing

What's Special

Chicago remains a primary hub for Midwest commerce and residential investment, consistently drawing interest for its density and transit connectivity. Situated in the 60609 zip code, this multifamily apartment building at 5258 S Emerald Avenue benefits from proximity to established urban infrastructure. Investors looking for a foothold in the Chicago market will find this property well-positioned within an area characterized by steady housing demand and functional access to city amenities. The structure serves as a traditional apartment building, catering to local residential needs within the neighborhood. Given the current market landscape in this region, such an asset is suited for long-term hold strategies or repositioning efforts to stabilize residential income streams. Its placement within the urban grid provides logical connectivity for tenants and occupants navigating the broader metro area. This asset represents a straightforward acquisition for those looking to expand a portfolio with income-producing residential real estate in a major metropolitan center.

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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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