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2712 24th pl

3 Unit Block of Flats £708,711 (£236,237/Unit) 8.10% Net Initial Yield Chicago, IL 60608

Executive Summary

Brand New 3-unit with $7,400 projected rent roll. Units are very clean and modern.
Developer will lease units out once a contract is signed and accepted!
Property Management can be included at 7% for out of state investors

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £708,711
Price Per Unit £236,237
Sale Type Investment
Net Initial Yield 8.10%
No. Units 3
Property Type Residential
Property Subtype Apartment
Apartment Style Mid Rise
Building Size 3,750 SF
Average Occupancy 0%
Number of Floors 3
Year Built 2024
Parking Ratio 0.8/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+2 3 £1,953 1,250
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31988963

  • Date on Market: 01/06/2024

  • Last Updated:

  • Address: 2712 24th pl, Chicago, IL 60608

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