2212 S 58th Court

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2212 S 58th Court

Cicero, IL 60804
Asking Price
$450K
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 Cicero
  • Asking price for the property is set at $450,000
  • Asset is located at 2212 S 58th Court in Illinois
  • Property resides within a stable residential submarket of Chicago
  • Suitable investment for those seeking consistent rental housing income

What's Special

Priced at $450,000, this multifamily apartment building is situated at 2212 S 58th Court in Cicero, Illinois. The property serves as a stable residential investment opportunity within the Chicago metropolitan area, a region known for its diverse economy and robust demand for rental housing. Cicero provides accessibility to major transit arteries and commercial corridors, supporting steady occupancy for well-managed apartment assets. Investors may find this property suitable for various management strategies, ranging from long-term holding for cash flow to localized improvements to drive rental growth. The building benefits from its location in an established residential community that maintains consistent demand for housing. Given its asset type and market positioning, this building functions as a practical addition to a real estate portfolio focused on stable multifamily income streams.

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

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