6145 W 54th Street

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6145 W 54th Street

Chicago, IL 60638
Asking Price
$890K
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
  • Asset located at 6145 W 54th Street in Illinois
  • Priced at 890000 dollars for the residential property
  • Situated within a stable residential submarket of Chicago
  • Target investment for residential portfolios and property managers

What's Special

This multifamily property at 6145 W 54th Street in Chicago is available for sale, presenting a solid acquisition target for residential real estate investors. Situated within the Garfield Ridge neighborhood, the asset benefits from its placement in a well-established urban submarket of Chicago, characterized by steady demand for rental housing and proximity to key transit corridors. The structure is well-positioned for an investor focused on long-term value appreciation or someone seeking to expand their local apartment portfolio. Given the layout and the high density of the surrounding area, this asset is suitable for professional property managers or individual investors looking to capture consistent rental income. The Chicago market remains a central hub for commerce and diverse employment opportunities, supporting a stable tenant base for residential properties of this type. Prospective buyers should review the current financial performance and property condition to determine the specific capital improvement strategies required to optimize the asset for the local market.

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NOI
$80,000
Cap Rate
8.99%
DSCR
1.51
Strong
Cash-on-Cash
10.17%
Monthly Payment
$4,403.234
Annual Cash Flow
$27,161.187

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