18 Unit Multifamily, USA, Chicago IL, RealT
Property Type : Multifamily
Price per Token : $50.64
Return Cash (exp) ? : 8.41%
Minimum Investment : 1 Token
Total Property Size : 18 Units
Total Property Value ? : $1,012,800.00
Total Number of Tokens : 20,000


We are pleased to offer this new multi-family near our other recent Chicago offering of 618 E 79th. Built in 1926, this new property contains 18 fully-rented units to mitigate the risk of vacancy, and its location helps you diversify your portfolio outside our Detroit holdings.

The last owner purchased this property for $400,000 at the beginning of 2021. He invested $320,000 to renovate it and meet the expectations of our targeted tenants. He renovated all the windows, the foundation, the roof, and the electrical system; replaced the boilers; installed a water heater per unit; and installed a surveillance camera system.

The previous owner stabilized the property with a solid yield of 7.8%. We are planning to increase this expected income gradually with each tenant rotation.



Disclaimer: Information Sourced from External Platforms

The information provided on this page is sourced from the respective Real Estate Token platforms homepage. We make every effort to ensure the accuracy and reliability of the information presented, but we cannot guarantee its completeness or timeliness. This website contains data, images, and descriptions that are subject to copyright and intellectual property rights of third parties. We do not claim ownership of the information displayed and acknowledge the rightful ownership of the respective content by the original sources. If you are a rights holder and believe that your content has been used inappropriately, please contact us immediately for resolution. We are committed to addressing any concerns and ensuring compliance with copyright laws. Please note that the availability, prices, and details of properties may change, and it is advisable to verify the information independently before making any decisions based on the content provided on this platform.

Related Listings