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Multifamily

Marquette Park Portfolio

6101 S Rockwell St, Chicago, IL 60629

Listing Price: $2,300,000

Cap Rate
7.04%
Number of Units
30
GRM
7.14
Price/Unit
$76,667
Price/Gross SF
$105.75
Gross SF
21,750

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale Marquette Park Apartments, a 30-unit multifamily portfolio in Chicago, Illinois. This investment offers an investor a significant value-add opportunity to acquire a well-maintained asset with attractive in-place cash flow and compelling upside, which has been owned and operated by a long-term owner for over 25 years.

Investment Highlights

  • Attractive In-Place Cash Flow with Compelling Upside
  • Significant Value-Add Opportunity
  • Owned and Operated by a Long-Term Owner for Over 25 Years
  • Supply-Constrained Location Supporting Long-Term Rent Growth
  • Midway International Airport is Three Miles West
  • Less Than One Mile North of Marquette Park

Exclusively Listed By

Multifamily

Marquette Park Portfolio

Listing Price: $2,300,000

Cap Rate
7.04%
Number of Units
30
GRM
7.14
Price/Unit
$76,667
Price/Gross SF
$105.75
Gross SF
21,750

Investment Highlights

  • Attractive In-Place Cash Flow with Compelling Upside
  • Significant Value-Add Opportunity
  • Owned and Operated by a Long-Term Owner for Over 25 Years
  • Supply-Constrained Location Supporting Long-Term Rent Growth
  • Midway International Airport is Three Miles West
  • Less Than One Mile North of Marquette Park

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale Marquette Park Apartments, a 30-unit multifamily portfolio in Chicago, Illinois. This investment offers an investor a significant value-add opportunity to acquire a well-maintained asset with attractive in-place cash flow and compelling upside, which has been owned and operated by a long-term owner for over 25 years.

Exclusively Listed By

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