323 N Loomis Street

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323 N Loomis Street

Naperville, IL 60540
Asking Price
$475K
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 Naperville, Illinois.
  • Property is currently listed for sale at 475,000 dollars.
  • Strategically situated at 323 N Loomis Street in 60540.
  • Located within a stable and highly desirable Chicago suburb.
  • Asset provides potential for long-term residential rental income.

What's Special

Naperville serves as a prominent hub within the Chicago metropolitan area, characterized by a robust local economy and consistent demand for residential housing. This multifamily apartment building positioned at 323 N Loomis Street provides an entry point into the established Naperville market. The property is situated within a residential neighborhood with proximity to regional transportation corridors and local services. Investors often target this type of asset for long-term rental income given the stable employment base and high quality of life associated with the western suburbs of Chicago. As a versatile investment, the building accommodates various residential leasing strategies suitable for the local demographic profile. The asset occupies a strategic position for those looking to expand their suburban multifamily portfolio in one of Illinois' most recognizable communities.

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

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