6336 S Albany Avenue

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6336 S Albany Avenue

Chicago, IL 60629
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 located at 6336 S Albany Avenue
  • Asset is situated in the 60629 zip code of Chicago
  • Property presents a consistent residential investment in the Chicago market
  • Well-established urban location provides access to essential city services
  • Suitable for long-term rental income or portfolio repositioning strategies

What's Special

This multifamily apartment building occupies a functional footprint at 6336 S Albany Avenue in Chicago, Illinois. Situated within the 60629 zip code, the property benefits from its positioning in a well-established residential area of the city. Chicago maintains a diverse and resilient economic landscape, supported by a broad base of major industries including finance, technology, manufacturing, and healthcare. This consistent demand for housing within the metro area makes apartment assets a stable component for long-term real estate portfolios. Residential buildings in this submarket often cater to local workforce housing needs and provide consistent utility for a range of tenant profiles. The configuration of this asset allows for potential repositioning or continued operation as a stabilized rental investment. Investors seeking entry into the Chicago multifamily market will find this location provides proximity to essential city infrastructure and established neighborhood amenities, making it a practical addition to a broader residential acquisition strategy.

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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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