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Multifamily

6614 W 65th St

6614 W 65th St, Bedford Park, IL 60638

Listing Price: $12,600,000

Cap Rate
4.22%
Number of Units
45
GRM
14.69
Price/Unit
$280,000
Price/Gross SF
$251.54
Gross SF
50,091

Investment Overview

Marcus & Millichap is pleased to present this 45-unit apartment property, built in 2007 and 2016, located at 6614 and 6636 West 65th Street in Chicago, Illinois.

The buildings are comprised of five one-bedroom / one-bathroom units, 39 two-bedroom / one-bathroom units and one three-bedroom / one-bathroom, measuring on average 814, 1,145 and 1,374 square feet each, respectively. The property features newer construction, in-unit washer and dryer, a balcony or patio for each unit, security system, designated tenant storage, covered parking spaces and ample off-street parking. The kitchens feature stainless steel appliances and granite counter tops.

This investment offers an investor the opportunity to acquire a well-maintained asset with significant rental upside in as is condition.

Investment Highlights

  • Newer Construction (2007 & 2016)
  • 6636 West 65th Street is Flexicore Construction
  • Amenities Include: In-Unit Washer and Dryer, Balcony or Patio for Each Unit, Security System, Kitchens Feature Stainless Steel Appliances and Granite Counter Tops
  • Garage Parking Spaces and Ample Off-Street Parking and Designated Tenant Storage
  • Easy Access to Route 171, Route 50 and Route 43
  • Three and One-Half Miles to Midway International Airport, Three and One-Half Miles to Midway CTA Station, and Walking Distance to PACE Bus Stop
  • Close Proximity to Retail, Dining, and Hotel Options
  • Near John F. Kennedy High School and Surrounded by Recreational Parks, including Ottawa Trail Woods

Exclusively Listed By

Multifamily

6614 W 65th St

Listing Price: $12,600,000

Cap Rate
4.22%
Number of Units
45
GRM
14.69
Price/Unit
$280,000
Price/Gross SF
$251.54
Gross SF
50,091

Investment Highlights

  • Newer Construction (2007 & 2016)
  • 6636 West 65th Street is Flexicore Construction
  • Amenities Include: In-Unit Washer and Dryer, Balcony or Patio for Each Unit, Security System, Kitchens Feature Stainless Steel Appliances and Granite Counter Tops
  • Garage Parking Spaces and Ample Off-Street Parking and Designated Tenant Storage
  • Easy Access to Route 171, Route 50 and Route 43
  • Three and One-Half Miles to Midway International Airport, Three and One-Half Miles to Midway CTA Station, and Walking Distance to PACE Bus Stop
  • Close Proximity to Retail, Dining, and Hotel Options
  • Near John F. Kennedy High School and Surrounded by Recreational Parks, including Ottawa Trail Woods

Investment Overview

Marcus & Millichap is pleased to present this 45-unit apartment property, built in 2007 and 2016, located at 6614 and 6636 West 65th Street in Chicago, Illinois. The buildings are comprised of five one-bedroom / one-bathroom units, 39 two-bedroom / one-bathroom units and one three-bedroom / one-bathroom, measuring on average 814, 1,145 and 1,374 square feet each, respectively. The property features newer construction, in-unit washer and dryer, a balcony or patio for each unit, security system, designated tenant storage, covered parking spaces and ample off-street parking. The kitchens feature stainless steel appliances and granite counter tops. This investment offers an investor the opportunity to acquire a well-maintained asset with significant rental upside in as is condition.

Exclusively Listed By

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