5406 S Loomis Boulevard

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5406 S Loomis Boulevard

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 purchase in Chicago
  • Located at 5406 S Loomis Boulevard in the 60609 area
  • Asset provides potential for long-term residential rental income
  • Property situated within a dense and established urban submarket
  • Suitable for investors targeting Chicago residential real estate assets

What's Special

This multifamily apartment building at 5406 S Loomis Boulevard in Chicago is currently available for sale. It represents a practical addition for investors seeking to grow their residential portfolio within the Chicago metro area. The property is positioned in a well-established urban environment that benefits from the deep economic base and dense residential population characteristic of the city. Given the layout and asset classification, the building is suitable for owners managing a long-term rental income strategy or those looking to execute a value-add project. Chicago maintains a consistent demand for housing, and this asset provides a stable foundation for residential operations within the 60609 ZIP code. Prospective buyers will find this location offers proximity to regional transit corridors and local community infrastructure essential for tenant retention and property utility.

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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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