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Multifamily

6505 N Bell Ave

6505 N Bell Ave, Chicago, IL 60645

Listing Price: $845,000

Cap Rate
4.24%
Number of Units
6
Price/Unit
$140,833
Price/Gross SF
$131.74
Gross SF
6,414

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the West Ridge neighborhood of Chicago, Illinois. The subject property consists of six two-bed/one-bath apartments plus parking. The apartments are vintage and have tiled kitchens and baths, and standard appliances. The subject property is a four-minute walk to Chicago Transit Authority’s (CTA) 155 and 49B bus stops, and a 10-minute drive to CTA’s Loyola Red Line Train Stop. West Ridge, which shares the dividing boarder of Ridge Avenue with Roger’s Park, is also known as West Roger’s Park. Chicagoans are drawn to the area by numerous authentic restaurants, shops, and grocery stores. The neighborhood is chosen by residents due to the quieter atmosphere without loss of population density while still having an easy commute to downtown.

Investment Highlights

  • Excellent West Ridge Location
  • Six Apartments and Parking
  • Vintage Units with Standard Appliances
  • Value-Add Opportunity

Exclusively Listed By

Listing Price: $845,000

Cap Rate
4.24%
Number of Units
6
Price/Unit
$140,833
Price/Gross SF
$131.74
Gross SF
6,414

Investment Highlights

  • Excellent West Ridge Location
  • Six Apartments and Parking
  • Vintage Units with Standard Appliances
  • Value-Add Opportunity

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the West Ridge neighborhood of Chicago, Illinois. The subject property consists of six two-bed/one-bath apartments plus parking. The apartments are vintage and have tiled kitchens and baths, and standard appliances. The subject property is a four-minute walk to Chicago Transit Authority’s (CTA) 155 and 49B bus stops, and a 10-minute drive to CTA’s Loyola Red Line Train Stop. West Ridge, which shares the dividing boarder of Ridge Avenue with Roger’s Park, is also known as West Roger’s Park. Chicagoans are drawn to the area by numerous authentic restaurants, shops, and grocery stores. The neighborhood is chosen by residents due to the quieter atmosphere without loss of population density while still having an easy commute to downtown.

Exclusively Listed By

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