8103 S Luella Ave - AIA /// 6 UNITS /// SOUTH CHICAGO
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8103 S Luella Ave - AIA /// 6 UNITS /// SOUTH CHICAGO
6 Unit Apartment Building Offered at £445,997 at a 10.42% Net Initial Yield in Chicago, IL 60617
Investment Highlights
- SOUTH CHICAGO NEIGHBORHOOD
- BEDROOM CONVERSION POTENTIAL
- 1 BLOCK TO SOUTH SHORE HOSPITAL
- ALL LARGE 2 & 3 BEDROOM APARTMENTS
- 4 GARAGE PARKING SPACES
Executive Summary
Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject property.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please contact AIA:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
Property Facts
| Price | £445,997 | Property Type | Residential |
| Price Per Unit | £74,333 | Building Class | B |
| Sale Type | Investment | Building Size | 10,000 SF |
| Net Initial Yield | 10.42% | Number of Floors | 3 |
| Gross Rent Multiplier | 5.64 | Year Built | 1925 |
| No. Units | 6 | Opportunity Zone |
Yes
|
| Price | £445,997 |
| Price Per Unit | £74,333 |
| Sale Type | Investment |
| Net Initial Yield | 10.42% |
| Gross Rent Multiplier | 5.64 |
| No. Units | 6 |
| Property Type | Residential |
| Building Class | B |
| Building Size | 10,000 SF |
| Number of Floors | 3 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 20-36-221-001-0000 | Improvements Assessment | £32,681 |
| Land Assessment | £3,390 | Total Assessment | £36,071 |
PROPERTY TAXES
Parcel Number
20-36-221-001-0000
Land Assessment
£3,390
Improvements Assessment
£32,681
Total Assessment
£36,071
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8103 S Luella Ave - AIA /// 6 UNITS /// SOUTH CHICAGO
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