6740 S Saint Lawrence Avenue

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6740 S Saint Lawrence Avenue

Chicago, IL 60637
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).

  • The asset is a multifamily apartment building for sale.
  • Property address is 6740 S Saint Lawrence Avenue in Chicago.
  • The building is situated within the 60637 postal code.
  • Chicago provides a stable economic environment for residential investments.
  • This asset is suitable for inclusion in a rental portfolio.

What's Special

This multifamily apartment building is positioned at 6740 S Saint Lawrence Avenue in Chicago. The asset resides within the 60637 zip code, contributing to the dense residential infrastructure characteristic of the South Side. Chicago remains a major economic engine in the Midwest, supported by a diverse base of employers and a robust transportation network that facilitates regional commerce. Investors often identify these urban multifamily holdings as essential components for maintaining a residential portfolio in a key metropolitan market. Multi-unit residential properties in this area provide stable options for housing tenants seeking proximity to public transit and local services. Given the structure of the Chicago apartment market, this building serves as a practical asset for buyers focused on long-term rental income. The property's location allows for straightforward access to the surrounding community and main thoroughfares, catering to the ongoing demand for rental housing across the metro area.

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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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