5701 W. Washington Blvd
$950,000
5701 West Washington Boulevard, Chicago, IL 60644
8.24
Cap Rate
64,109
NOI
Details:
Description:
The Multifamily Investment Advisors in conjunction with KW Commercial & Keller Williams ONEChicago is proud to present 5701 W. Washington Blvd, Chicago, IL 60644. The following executive summary provides a comprehensive overview of a prime multifamily property located at 5701 W. Washington Blvd,Chicago, IL 60644, situated within the vibrant Austin community. This property presents a unique investment opportunity in the thriving Chicago real estate market.
The 16-unit multifamily property at 5701 W. Washington Blvd strategically located in the heart of the Austin community, offers a mix of well-designed residential units catering to diverse housing needs. The property is conveniently positioned to provide easy access to essential amenities, transportation, and local attractions
Strategic Location: Situated in the Austin community, the property benefits from its proximity to schools, parks, shopping centers, healthcare facilities, and public transportation, ensuring convenience and attractiveness for potential tenants.
Investment Potential: The property's location within a rapidly evolving neighborhood presents significant investment potential. Austin has been experiencing revitalization efforts, making it an appealing destination for renters seeking affordability and urban conveniences.
Strong Rental Demand: The Chicago rental market, coupled with the property's accessible location, ensures a steady demand for well-maintained, affordable housing options, contributing to consistent occupancy rates.
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