1444 S. Trumbull Ave.

1444 South Trumbull Avenue, Chicago, IL

$809,900

Price

9.1%

Cap Rate

11,000 sqft

Building Size

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Street
Map
Overview
Cap Rate
9.1%
Building Size
11,000 sqft
Lot Area
0.12 acres
Units
9
Occupancy
100%
Year Built
1914
Floors
3
Description

Multifamily Investment Advisors, in conjunction with KW Commercial & Keller Williams One Chicago, is proud to present a contemporary 9 unit multifamily property situated at 1444 S. Trumbull Ave in the vibrant North Lawndale neighborhood of Chicago, IL. The property is situated in the thriving North Dawndale community of Chicago, IL, a strategically located area with potential for growth. The neighborhood offers a mix of residential and commercial spaces, providing a balanced and desirable living environment. 

The property presents a moderate value-add opportunity, allowing for strategic improvements to enhance overall asset value. Implementing targeted renovations and upgrades can lead to increased rental income and improved tenant satisfaction. 

A diverse unit mix of 2-bedroom and 3-bedroom units caters to a broad tenant demographic, providing flexibility in attracting and retaining residents. The property's attractive 9.10% cap rate positions it as a promising investment for stable and consistent cash flow. The North Lawndale community strategic location ensures proximity to key amenities, transportation hubs, and employment centers, contributing to sustained tenant demand. 

Location
Gallery