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Multifamily

8156 South Laflin Street

8156 S Laflin St, Chicago, IL 60620

Listing Price: $1,024,000

Cap Rate
7.18%
Number of Units
18
Occupancy
94.0%
Price/Unit
$56,889
Price/Gross SF
$65.05
Gross SF
15,741

Investment Overview

Marcus & Millichap is pleased to present 8156 South Laflin Street, located in Chicago, Illinois. The offering consists of 18 one-bedroom/one-bath apartments. The spacious units feature hardwood flooring throughout and vintage kitchens and bathrooms calling for an add value opportunity to update units and raise rents to market value. This property has ample off-street parking. The subject property is located across the street from Cook Elementary School, one block north of beautiful Foster Park, and just three blocks from a main retail corridor, Ashland Avenue.

Investment Highlights

  • Strong Value-Add Play With Opportunity For Significant Rent Growth
  • 18 Spacious One-Bedroom Apartments
  • Ample Off-Street Parking

Exclusively Listed By

Financing By

Multifamily

8156 South Laflin Street

Listing Price: $1,024,000

Cap Rate
7.18%
Number of Units
18
Occupancy
94.0%
Price/Unit
$56,889
Price/Gross SF
$65.05
Gross SF
15,741

Investment Highlights

  • Strong Value-Add Play With Opportunity For Significant Rent Growth
  • 18 Spacious One-Bedroom Apartments
  • Ample Off-Street Parking

Investment Overview

Marcus & Millichap is pleased to present 8156 South Laflin Street, located in Chicago, Illinois. The offering consists of 18 one-bedroom/one-bath apartments. The spacious units feature hardwood flooring throughout and vintage kitchens and bathrooms calling for an add value opportunity to update units and raise rents to market value. This property has ample off-street parking. The subject property is located across the street from Cook Elementary School, one block north of beautiful Foster Park, and just three blocks from a main retail corridor, Ashland Avenue.

Exclusively Listed By

Financing By

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