Lincoln Street Portfolio
Cette fonctionnalité n’est pas disponible pour le moment.
Nous sommes désolés, mais la fonctionnalité à laquelle vous essayez d’accéder n’est pas disponible actuellement. Nous sommes au courant du problème et notre équipe travaille activement pour le résoudre.
Veuillez vérifier de nouveau dans quelques minutes. Veuillez nous excuser pour ce désagrément.
– L’équipe LoopNet
Votre e-mail a été envoyé.
Lincoln Street Portfolio 2 biens | Immeuble residentiel | À vendre | 1 091 744 € | Calumet Park, IL
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Current / Proforma Cap Rate: 7.41% / 8.74%
- Below Market Rents: Over $20,000 of Additional Revenue to be Captured
- Current / Proforma Cash-on-Cash: 7.47% / 12.78%
- Nearby Access to Highways, Retail, and Employment Hubs
RÉSUMÉ ANALYTIQUE
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to exclusively present 12619 & 12623 S Lincoln Street, a 16-unit multifamily investment opportunity located in the Calumet Park submarket of Chicago. The property includes Eight One-Bedroom / One-Bath units and Eight Two-Bedroom / One-Bath units. The property presents a strong in-place yield with additional upside through improved operations and leasing to market.
WELL-MAINTAINED, CASH-FLOWING ASSET
The property is performing well with current occupancy, offering investors an attractive in-place Cap Rate of 7.41% and Cash-on-Cash Return of 7.47%. The building has been kept in good condition with ongoing maintenance, reducing near-term capital requirements. Recent Capex includes roof repair on building 12619 ($12,000), fascia repair building 12623 ($2,000), new boiler in building 12619 ($3,500), exit signs, emergency lights and smoke detectors to all units ($3,200).
VALUE-ADD POTENTIAL – BELOW MARKET RENTS
Current rents are approximately $20,500 below market, creating room for an investor to raise rents through unit turns and effective leasing. The property is not fully optimized, leaving upside for an operator to increase NOI.
ACCESSIBLE LOCATION – SOUTHEAST SUBMARKET
Located just west of I-57 and minutes from major arterial roads; tenants benefit from easy access to the Chicago metro area and south suburbs. The location supports working-class families and commuters, with nearby employers and local retail driving steady leasing activity.
Marcus & Millichap is pleased to exclusively present 12619 & 12623 S Lincoln Street, a 16-unit multifamily investment opportunity located in the Calumet Park submarket of Chicago. The property includes Eight One-Bedroom / One-Bath units and Eight Two-Bedroom / One-Bath units. The property presents a strong in-place yield with additional upside through improved operations and leasing to market.
WELL-MAINTAINED, CASH-FLOWING ASSET
The property is performing well with current occupancy, offering investors an attractive in-place Cap Rate of 7.41% and Cash-on-Cash Return of 7.47%. The building has been kept in good condition with ongoing maintenance, reducing near-term capital requirements. Recent Capex includes roof repair on building 12619 ($12,000), fascia repair building 12623 ($2,000), new boiler in building 12619 ($3,500), exit signs, emergency lights and smoke detectors to all units ($3,200).
VALUE-ADD POTENTIAL – BELOW MARKET RENTS
Current rents are approximately $20,500 below market, creating room for an investor to raise rents through unit turns and effective leasing. The property is not fully optimized, leaving upside for an operator to increase NOI.
ACCESSIBLE LOCATION – SOUTHEAST SUBMARKET
Located just west of I-57 and minutes from major arterial roads; tenants benefit from easy access to the Chicago metro area and south suburbs. The location supports working-class families and commuters, with nearby employers and local retail driving steady leasing activity.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 091 744 € | Nb de biens | 2 |
| Prix/m² | 547,09 € / m² | Individuellement en vente | 0 |
| Taux de capitalisation | 7,41 % | Surface totale de l’immeuble | 1 996 m² |
| Type de vente | Investissement | Surface totale du terrain | 0,1 ha |
| Statut | Actif |
| Prix | 1 091 744 € |
| Prix/m² | 547,09 € / m² |
| Taux de capitalisation | 7,41 % |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 1 996 m² |
| Surface totale du terrain | 0,1 ha |
Biens
| NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 12619 S Lincoln St, Calumet Park, IL 60827 | Immeuble residentiel | 998 m² | 1974 | - |
| 12623 S Lincoln St, Calumet Park, IL 60827 | Immeuble residentiel | 998 m² | 1972 | - |
1 of 1
1 de 6
VIDÉOS
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
1 of 1
Présenté par
Lincoln Street Portfolio
Vous êtes déjà membre ? Connectez-vous
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.