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1931-35 South Homan, Chicago, IL
19 UNIT APARTMENT BUILDING
$1,250,000
Property Features
19 Unit Apartment Building
10 Two Bedroom and 9 One Bedroom Units
Excellent Investment Opportunity!!
Located in North Lawndale Neighborhood
Priced with Great Cash Flow
Net Income: $40,500
Cap Rate of 9.6%
NOI is $119,749
Cash-on-Cash Return of 13% / LTV of 30%
Own A Rehabbed Multi-Family Property In Quickly Appreciating Neighborhood. 9.6% Cap Rate - Cash-on-Cash Return of 13%!!
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Joe Kunst
Vice President
Retail Property Services
312-795-2593
Michael Tetuan
Associate
Retail Property Services
312-795-2597
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