6359 S Rhodes Avenue

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6359 S Rhodes Avenue

Chicago, IL 60637
Asking Price
$250K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Chicago, Illinois
  • Priced at 249999 dollars for immediate acquisition
  • Located in the 60637 zip code area
  • Asset provides potential for residential rental income
  • Positioned within an established Chicago neighborhood market

What's Special

This multifamily apartment building at 6359 S Rhodes Avenue in Chicago offers a residential investment opportunity within the city’s established South Side housing market. The property provides functional space suited for long-term rental income or potential value-add repositioning strategies. As part of Chicago’s expansive urban infrastructure, the location benefits from proximity to established transit corridors and local community anchors that support consistent demand for apartment living. Investors looking to expand their portfolio within the Chicago metropolitan area will find this building positioned to serve the immediate surrounding neighborhood needs. The asset represents a conventional multifamily acquisition for buyers seeking to capitalize on the stable rental fundamentals characteristic of this part of the city.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.859
Annual Cash Flow
$65,157.696

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