7520 North Ridge Boulevard
- Significant Cap Ex Spend in Last Three Years
- All Two Bedroom Units
- Four Parking Spots
- Proven Renovation Gains
Property Description
Kiser Group is pleased to present for sale two adjacent 6-flat buildings located at 7516.5 and 7520 N Ridge Blvd in Chicago’s West Ridge neighborhood. The properties consist entirely of two-bedroom, one-bathroom units, with more than 75% of the apartments already renovated, featuring updated kitchens and bathrooms. The successful rent increases achieved through these renovations provide a new investor with a proven value-add strategy and the opportunity to continue improving the remaining units to drive additional rental growth
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,840,000 |
| No. of Units: | 12 |
| Opportunity Zone: | No |
| Price per unit: | $153,333 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3109 Central Drive
Fort Wayne, Indiana
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout