Friday, October 11, 2024

🚨 New Listing Alert: Prime Multifamily Investment Opportunity! 🚨

🏒 For Sale: 9826 Sayre Ave, Chicago Ridge, IL 60415 πŸ’° Sale Price: $2,450,000

eXp Commercial is excited to bring to market this fully occupied 18-unit multifamily property in the thriving suburb of Chicago Ridge, just 14 miles from downtown Chicago.

πŸ”‘ Property Highlights:
* 18 Units: 8 one-bedroom & 10 two-bedroom units
* 6 Renovated Units with potential for rent growth
* Current Cap Rate: 6.56% | Cap Rate (Year 1): 7.95%
* Recent Improvements: High-efficiency boiler, HD video security system
* Amenities: On-site laundry, private patios/balconies, ample parking
* Strategic Location: Close to Metra, major highways, and retail hubs

πŸ“ Why Chicago Ridge? Strong rental demand, low vacancy rates, and convenient access to urban amenities make this a stable investment with room for growth. Positioned for increased cash flow through further renovations.

πŸ‘‰ Learn More: Property Details https://www.creconsult.net/chicago-multifamily-listings/chicago-ridge-il-multifamily-property-for-sale/

Don't miss out on this incredible opportunity! Contact us today for more information. πŸ“ž

#CommercialRealEstate #Multifamily #InvestmentOpportunity #ChicagoRidge #eXpCommercial #PropertyForSale

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