Kiser Group is pleased to present a 6-unit apartment building in the Southern Cook County market of Calumet City. This asset is located on a quiet residential street and mere minutes from I-94, I-90, I-294, I-57 and I-80. New ownership can renovate the kitchens and bathrooms and increase rents incremental. With ample street parking and income-producing laundry facilities this deal offers an investor the opportunity to acquire a well-maintain asset that cash flows nicely.
Key Points: 15% Cash-on-Cash return Located Between Indiana Toll Road & Dan Ryan Desirable Unit Mix: 2's & 3s bedrooms Income Producing Laundry Facilities Newer Mechanicals
Asking Price: $275,000
Building Size: 6,600 SQ FT
Lot Size: 7800
Cost per Square Foot: $41.67