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Informations principales sur l'investissement
- 20-unit multifamily portfolio located across Chicago Heights and Sauk Village
- Properties located within approximately 8 miles of one another, allowing for streamlined management and operational efficiencies
- Favorable utility structure with tenants paying electric throughout the portfolio, and tenants at 474 W. 14th Place additionally responsible for heat
Résumé analytique
474 W. 14th Place is a well-maintained 8-unit multifamily property located in Chicago Heights, just off Route 30 - Lincoln Highway, with convenient access to retail, dining, public transportation, and major regional employers. The property benefits from its proximity to Prairie State College, Franciscan Health Olympia Fields, and major industrial and logistics corridors throughout the south suburbs.
The property features a unit mix of (1) one-bedroom / one-bathroom unit and (7) two-bedroom / one-bathroom units, offering strong appeal to the area’s workforce housing tenant base. The apartment units have been renovated with updated kitchens, flooring, paint, bathrooms, and other interior improvements, providing investors with strong in-place cash flow and limited deferred maintenance. Recent capital improvements include a newer parking lot and hot water heater, helping support the long-term condition of the asset. Tenants are responsible for their own heat and electric, helping reduce operating expenses for ownership.
The asset offers an attractive combination of stable occupancy, operational efficiency, and long-term rental demand within an established workforce housing market.
The property features a unit mix of (1) one-bedroom / one-bathroom unit and (7) two-bedroom / one-bathroom units, offering strong appeal to the area’s workforce housing tenant base. The apartment units have been renovated with updated kitchens, flooring, paint, bathrooms, and other interior improvements, providing investors with strong in-place cash flow and limited deferred maintenance. Recent capital improvements include a newer parking lot and hot water heater, helping support the long-term condition of the asset. Tenants are responsible for their own heat and electric, helping reduce operating expenses for ownership.
The asset offers an attractive combination of stable occupancy, operational efficiency, and long-term rental demand within an established workforce housing market.
Informations sur l’immeuble
| Prix | 593 257 € | Classe d’immeuble | C |
| Prix par lot | 74 157 € | Surface du lot | 0,13 ha |
| Type de vente | Investissement | Surface de l’immeuble | 576 m² |
| Nb de lots | 8 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction | 1980 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,12/1 000 m² |
| Style d’appartement | De faible hauteur | Zone de développement économique [USA] |
Oui
|
| Zonage | R-3, Chicago Heights | ||
| Prix | 593 257 € |
| Prix par lot | 74 157 € |
| Type de vente | Investissement |
| Nb de lots | 8 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,13 ha |
| Surface de l’immeuble | 576 m² |
| Nb d’étages | 2 |
| Année de construction | 1980 |
| Ratio de stationnement | 0,12/1 000 m² |
| Zone de développement économique [USA] |
Oui |
| Zonage | R-3, Chicago Heights |
Caractéristiques
Caractéristiques du lot
- Climatisation
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Assez praticable à pied
50/100
Moyennement adapté aux voitures
70/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Taxes foncières
| Numéro de parcelle | 32-19-404-010-0000 | Évaluation des aménagements | 33 536 € |
| Évaluation du terrain | 2 094 € | Évaluation totale | 35 631 € |
Taxes foncières
Numéro de parcelle
32-19-404-010-0000
Évaluation du terrain
2 094 €
Évaluation des aménagements
33 536 €
Évaluation totale
35 631 €
1 sur 8
Vidéos
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Visite 3D
Photos
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474 W 14th Pl
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