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Apartments For Sale • 6,000 SF
| Located in West Ridge, Chicago, under 10 minute walk to Peterson/Ridge UP North Metra station, offering convenient access to transportation |
| Features 10 one-bedroom units, 13 revenue-generating parking spaces, and one non-conforming garden unit generating over $11,000 of additional income |
| Roughly 80% of this property's tenants, and their rents, are secured by various social service organizations |
| Clear pathway to adjust rents to market levels through collaboration with tenant organizations |
| 8.03% Cash on Cash return Year 1; over 12% Pro-Forma Cash on Cash return potential |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Peterson/Ridge (Union Pacific North - Metra) | 1 min | 9 min | 0.5 mi |
| Rogers Park Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 5 min | - | 1.8 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 24 min | - | 13.1 mi |
| Chicago Midway International | 32 min | - | 21.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 7 |
| Type: | Surface |
| Included in Rent: | Yes |
