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Multifamily

2036 S 13th Ave

2036 S 13th Ave, Broadview, IL 60155

Listing Price: $450,000

Cap Rate
8.34%
Number of Units
5
GRM
6.33
Price/Unit
$90,000
Price/Gross SF
$126.51
Gross SF
3,557

Investment Overview

Marcus & Millichap is pleased to present this five-unit apartment property, located at 2036 South 13th Avenue in Broadview, Illinois.

Built in 1963, the building is comprised of four one-bedroom / one-bathroom units and one three-bedroom / one-bathroom unit, measuring, on average, approximately 590 and 1,197 square feet, respectively. The brick constructed building features ample off-street parking and an on-site laundry facility.

This investment provides a value-add opportunity for an investor to acquire a well-maintained asset with significant upside potential and high cash flow immediately upon acquisition.

Investment Highlights

  • Desirable Unit Mix (Four One-Bedroom / One-Bathroom Units and One Three-Bedroom / One-Bathroom Unit)
  • Brick Construction, Ample Off-Street Parking, and On-Site Laundry Facility
  • Easy Access to Interstate 290, Route 171 and Route 45
  • Two and One-Half Miles to Melrose Park Metra Station and Ten Miles to O'Hare International Airport and Midway International Airport
  • Broadview Village Square, Hillside Town Center, Cermak Plaza Shopping Center, Forest Park Plaza, and North Riverside Park Mall Are All Within a Four-Mile Radius
  • Close to Broadview Public Library, Edward Hines Jr VA Hospital, Loyola University Medical Center, and Roosevelt Elementary School

Exclusively Listed By

Multifamily

2036 S 13th Ave

Listing Price: $450,000

Cap Rate
8.34%
Number of Units
5
GRM
6.33
Price/Unit
$90,000
Price/Gross SF
$126.51
Gross SF
3,557

Investment Highlights

  • Desirable Unit Mix (Four One-Bedroom / One-Bathroom Units and One Three-Bedroom / One-Bathroom Unit)
  • Brick Construction, Ample Off-Street Parking, and On-Site Laundry Facility
  • Easy Access to Interstate 290, Route 171 and Route 45
  • Two and One-Half Miles to Melrose Park Metra Station and Ten Miles to O'Hare International Airport and Midway International Airport
  • Broadview Village Square, Hillside Town Center, Cermak Plaza Shopping Center, Forest Park Plaza, and North Riverside Park Mall Are All Within a Four-Mile Radius
  • Close to Broadview Public Library, Edward Hines Jr VA Hospital, Loyola University Medical Center, and Roosevelt Elementary School

Investment Overview

Marcus & Millichap is pleased to present this five-unit apartment property, located at 2036 South 13th Avenue in Broadview, Illinois. Built in 1963, the building is comprised of four one-bedroom / one-bathroom units and one three-bedroom / one-bathroom unit, measuring, on average, approximately 590 and 1,197 square feet, respectively. The brick constructed building features ample off-street parking and an on-site laundry facility. This investment provides a value-add opportunity for an investor to acquire a well-maintained asset with significant upside potential and high cash flow immediately upon acquisition.

Exclusively Listed By

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