Residences of Chicago Rd.
$340,000
14547 Doctor Martin Luther King Junior Drive, Dolton, IL 60419
11.76
Cap Rate
4,715 sqft
Building Size
Details:
Description:
Multifamily Investment Advisors with KW Commercial & Keller Williams ONEChicago is proud to present 14547 Chicago Rd. The asset is currently 100% occupied, and the average rent is $973 across 6 residential units. The property at 14547 Chicago Rd. was originally built in 1965 with a unit mix consisting of (1) 1 bedroom/1 bathroom unit and (5) 2 bedrooms/1 bathroom units. This is a well-maintained portfolio and in great condition.
Located in Dolton, Illinois, the Dorchester Townhomes community and Chicago Rd. property feature: hardwood floors, a dining room, walk-in closets, and parking. Located near restaurants, shopping centers, six local schools and the nearby Sand Ridge Nature Preserve, Gouwens Park, and River Oaks Golf Course. Located near the I-94 Freeway, or CTA bus lines along Chicago Rd. makes this a community ideal for commuters. This opportunity gives an investor the opportunity to acquire a stabilized asset and achieve returns from day one, while having plenty of options to improve and raise cashflow.
Location
Gallery
