5433 S Homan Avenue

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5433 S Homan Avenue

Chicago, IL 60632
Asking Price
$443K
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.
  • Property is situated at 5433 S Homan Avenue in Illinois.
  • Asking price for this investment asset is 442987 dollars.
  • Located within a dense and well-established urban residential market.
  • Asset category is specifically classified as an apartment building.

What's Special

This apartment building located at 5433 S Homan Avenue in Chicago serves as a functional multifamily asset within the local housing market. Situated in the Archer Heights community, the property provides proximity to significant transit corridors and essential services that define this established urban neighborhood. The area benefits from its central position within the Chicago metropolitan region, known for a dense population and diverse commercial activity that supports consistent demand for residential rental units. Investors seeking to expand their reach in the Illinois market may consider this property for its potential to provide steady income generation through residential leasing. The asset profile suits those focused on value-add repositioning or maintaining a stable presence in a highly sought-after Midwestern city with robust economic foundations. Prospective buyers can explore long-term strategies for unit upgrades or operational improvements to optimize performance within the competitive Chicago multifamily sector.

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NOI
$80,000
Cap Rate
18.06%
DSCR
3.04
Strong
Cash-on-Cash
40.41%
Monthly Payment
$2,191.658
Annual Cash Flow
$53,700.104

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