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Multifamily

944 W 35th Pl

944 W 35th Pl, Chicago, IL 60609

Listing Price: $875,000

Cap Rate
4.17%
Number of Units
6
GRM
9.72
Occupancy
97.0%
Price/Unit
$145,833

Investment Overview

Marcus & Millichap is pleased to present this multi-family real estate opportunity in the Bridgeport neighborhood of Chicago. The subject property of 944 West 35th Place is located 4.7 miles south of Chicago’s downtown loop area, 0.9 miles west of the I-90 Dan Ryan Expressway, 0.9 miles west of the Chicago Transit Authority (CTA) 35th Street Red Line train station, and 0.1 miles south of the CTA’s 35th Street & Morgan bus 35 stop. The unit mix for the subject property consists of one one-bedroom
/ one-bathroom unit that measures 700 square feet, four two-bedroom / one-bathroom units that measure 900 square feet, and one three-bedroom / one-bathroom unit that measures 1,200 square feet respectively. The property also features recently updated kitchens & baths, individual HVAC & hot water tanks, an on-site three car garage, and recent tuckpointing.
Located on Chicago’s South Side, Bridgeport is a historic neighborhood with a rapidly increasing artistic movement and indie atmosphere. Living in Bridgeport offers residents an urban suburban mix feel and most residents rent their homes. Home of the Chicago White Sox, Bridgeport is also renowned for its prominent role in shaping city politics and is the birthplace of five Chicago mayors. Bridgeport was once an industrial area, and is now evolving into a green community with beautiful treelined streets and parks.

Investment Highlights

  • Bridgeport Neighborhood
  • Walking Distance to CTA Transportation
  • Recently Updated Kitchens & Baths
  • Huge Rental Upside Potential
  • Attractive Unit Mix

Exclusively Listed By

Multifamily

944 W 35th Pl

Listing Price: $875,000

Cap Rate
4.17%
Number of Units
6
GRM
9.72
Occupancy
97.0%
Price/Unit
$145,833

Investment Highlights

  • Bridgeport Neighborhood
  • Walking Distance to CTA Transportation
  • Recently Updated Kitchens & Baths
  • Huge Rental Upside Potential
  • Attractive Unit Mix

Investment Overview

Marcus & Millichap is pleased to present this multi-family real estate opportunity in the Bridgeport neighborhood of Chicago. The subject property of 944 West 35th Place is located 4.7 miles south of Chicago’s downtown loop area, 0.9 miles west of the I-90 Dan Ryan Expressway, 0.9 miles west of the Chicago Transit Authority (CTA) 35th Street Red Line train station, and 0.1 miles south of the CTA’s 35th Street & Morgan bus 35 stop. The unit mix for the subject property consists of one one-bedroom / one-bathroom unit that measures 700 square feet, four two-bedroom / one-bathroom units that measure 900 square feet, and one three-bedroom / one-bathroom unit that measures 1,200 square feet respectively. The property also features recently updated kitchens & baths, individual HVAC & hot water tanks, an on-site three car garage, and recent tuckpointing. Located on Chicago’s South Side, Bridgeport is a historic neighborhood with a rapidly increasing artistic movement and indie atmosphere. Living in Bridgeport offers residents an urban suburban mix feel and most residents rent their homes. Home of the Chicago White Sox, Bridgeport is also renowned for its prominent role in shaping city politics and is the birthplace of five Chicago mayors. Bridgeport was once an industrial area, and is now evolving into a green community with beautiful treelined streets and parks.

Exclusively Listed By

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