A
Seller's Agent in 2021
Aaron Sklar
Kiser Group Realty Inc
* 9.52% In Place Cap Rate * Gross Income (w/ 5% vacancy) - $115,200 * NOI - $71,304. 3325 W. 61st Place is a recently rehabbed fourteen (14) unit courtyard building in Chicago's historic Chicago Lawn neighborhood. This property is tucked away on a quiet street full of single family homes, yet close to public transportation and minutes away from Chicago Midway International Airport. 3325 W. 61st Pl is comprised of fourteen (14) 1Bd/1Ba units with hardwood flooring throughout, ample sized bedrooms, and updated kitchens and appliances. Recent capital improvements to the building include, but are not limited to, majority copper plumbing, recent tuckpointing, and individual furnaces. 3325 W. 61st Pl. presents an investor with an opportunity to attain a positive cash flowing, turn-key property with an in place cap rate of 9.52% as well as a cash-on-cash return of 21.91%. By raising rents to levels already being achieved in the building, an investor has the ability to achieve a cap rate over 11.7% and a cash-on-cash return over 30.48%.
Last Agent to Sell the Property
Aaron Sklar
Kiser Group Realty Inc License #475161507 Listed on: 08/16/2021
Co-Listed By
Noah Birk
Kiser Group Realty Inc License #475125864
Last Buyer's Agent
Noah Birk
Kiser Group Realty Inc License #475125864
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $750,000 | +0.1% | -- | |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- | |
| 08/16/2021 08/16/21 | For Sale | $749,000 | +130.5% | -- | |
| 09/25/2015 09/25/15 | Sold | $325,000 | -18.7% | -- | View Prior Sale |
| 08/05/2015 08/05/15 | Pending | -- | -- | -- | |
| 06/16/2014 06/16/14 | For Sale | $399,900 | -- | -- |
A
Seller's Agent in 2021
Aaron Sklar
Kiser Group Realty Inc
N
Seller Co-Listing Agent in 2021
Noah Birk
Kiser Group Realty Inc
Seller's Agent in 2015
Margaret Wilk
RE/MAX
(708) 917-7442
97 Total Sales
Buyer's Agent in 2015
Anna Krzemien
RE/MAX
(708) 557-1440
155 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 11190998