7343 S Luella Avenue

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7343 S Luella Avenue

Chicago, IL 60649
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 available for purchase in Chicago
  • Located at 7343 S Luella Avenue in the 60649 ZIP code
  • Asset provides residential housing capacity within an urban setting
  • Property serves as a stable investment for local rental operators
  • Positioned within the active and diverse Chicago real estate market

What's Special

For sale is a multifamily apartment building situated at 7343 S Luella Avenue in Chicago, Illinois. This residential asset represents a conventional investment choice for buyers seeking to expand their portfolio within a major urban market. The property is positioned within a well-established neighborhood of Chicago, a city known for its diverse economic base, extensive public transit network, and deep rental demand across various demographics. Apartment buildings of this nature typically serve as stable rental housing, appealing to consistent tenant pools looking for proximity to local services and metropolitan infrastructure. Investors focused on the Chicago submarket will find this building offers a functional footprint for residential management. Given its configuration, the asset is suited for operators experienced in the multi-unit housing sector who are looking to secure a foothold in a key neighborhood location.

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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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