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All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice.atpropertiescommercial.com
3104 W 64th Street / Chicago, IL
FOR SALE
PROPERTY INFORMATIONProud to exclusively offer for sale, 3104 W. 64th St. This 8-unit brick apartment building, located in the Chicago Lawn neighborhood has received numerous improvements over the last few years. Improvements made include, but are not limited to, all 8 units rehabbed, high grade security w/ remote access, Roof Cavity, and boiler pipe insulation to reduce gas/water bill. The building unit make up is two and three bedrooms, fully occupied and cash flow positive.
KEVIN J. [email protected]
CHICAGO LAWN | 8-UNIT MULTIFAMILY OFFERING
MATTHEW [email protected]
https://real.vision/3104-west-64th-street?o=u
CLICK LINK BELOW FOR A 3D TOUR
All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice.atpropertiescommercial.com
3104 W 64th Street / Chicago, IL
PHOTOS
All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice.atpropertiescommercial.com
3104 W 64th Street / Chicago, IL
FINANCIALS
Taxes - 2017 $9,022.41
Insurance $6,558.00
Vacancies 10% $10,076.40
Management $6,132.00
Water/Sewer $4,009.22
Trash $1,167.23
Gas $6,671.00
Electric $496.00
Snow Removal $480.00
Pest Control $560.00
Repairs $4,000.00
Yearly Total $49,172.26
EXPENSES
Gross Income $100,764.00
Expenses $49,172.26
Net Income $51,591.74
Purchase Price $550,000.00
Cap Rate 9.38%
25% Down Payment $137,500.00
NOI $51,591.74
P&I (5.25% Interest Rate) $27,336.00
Cash Flow $24,255.74
Cash on Cash % 17.64%
UNIT# RENT UNIT TYPE LEASE END DATE
3104-1 $1,250.00 3bd Rented CHA
3014-2 $1,247.00 3bd 10/31/19
3106-1 $950.00 2bd 12/31/19
3106-2 $1,000.00 2bd Eviction in Process
3110-1 $1,000.00 2bd 06/30/19
3110-2 $1,000.00 2bd MTM
3112-1 $1,000.00 2bd MTM
3112-2 $950.00 2bd 11/30/19
Gross Monthly $8,397.00
Gross Yearly $100,764.00
CASH ON CASH
All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice.atpropertiescommercial.com
3104 W 64th Street / Chicago, IL
FLOOR PLAN
3104 W 64TH STCHICAGO, IL 60629, USA
PAGE 1 OF 13D TOUR: real.vision/3104-west-64th-street
0 7 ft CAPTURED ON: 24 FEB 2019
DIMENSIONS, AREAS, LAYOUTS AND DETAILS ARE APPROXIMATEAND SHOULD BE CONSIDERED ILLUSTRATIVE ONLY.real.vision
Matthew NeistatBroker
@propertiesD: 847.714.2913
[email protected]://chicagohome.com/
FOYER
BATH
KITCHEN7'6" × 11'11"
LIVING/DINING12' × 19'8"
BEDROOM11'2" × 11'10"
BEDROOM10'3" × 11'6"
BEDROOM15'3" × 8'9"
1186 sq ft
All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice.atpropertiescommercial.com
3104 W 64th Street / Chicago, IL
SITE
RETAIL & TRAFFIC
All information furnished is from sources deemed reliable. No representation is made as to the accuracy thereof and it is submitted subject to errors, omissions, changes, or withdrawal without notice.atpropertiescommercial.com
3104 W 64th Street / Chicago, IL
Demographic Source: Applied Geographic Solutions 10/2018, TIGER Geography page 1 of 1©2019, Sites USA, Chandler, Arizona, 480-491-1112
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SUMMARY PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 41.7773/-87.7010RS1
3104 W 64th St1 mi radius 3 mi radius 5 mi radius
Chicago, IL 60629
PO
PU
LATI
ON
2018 Estimated Population 59,141 337,466 752,780
2023 Projected Population 59,546 341,300 754,127
2010 Census Population 59,499 340,742 755,503
2000 Census Population 63,231 360,817 816,955
Projected Annual Growth 2018 to 2023 0.1% 0.2% -
Historical Annual Growth 2000 to 2018 -0.4% -0.4% -0.4%
2018 Median Age 30.7 32.8 34.4
HO
US
EH
OLD
S
2018 Estimated Households 16,275 99,975 246,526
2023 Projected Households 16,880 104,760 255,501
2010 Census Households 15,595 96,253 235,714
2000 Census Households 16,935 104,146 251,926
Projected Annual Growth 2018 to 2023 0.7% 1.0% 0.7%
Historical Annual Growth 2000 to 2018 -0.2% -0.2% -0.1%
RA
CE
AN
DE
THN
ICIT
Y
2018 Estimated White 35.4% 35.0% 39.4%
2018 Estimated Black or African American 28.0% 34.6% 35.1%
2018 Estimated Asian or Pacific Islander 1.4% 1.7% 2.8%
2018 Estimated American Indian or Native Alaskan 0.8% 0.6% 0.6%
2018 Estimated Other Races 34.4% 28.1% 22.1%
2018 Estimated Hispanic 61.6% 52.1% 41.9%
INC
OM
E 2018 Estimated Average Household Income $55,501 $58,938 $61,933
2018 Estimated Median Household Income $40,555 $44,653 $48,357
2018 Estimated Per Capita Income $15,333 $17,516 $20,530
ED
UC
ATI
ON
(AG
E 2
5+)
2018 Estimated Elementary (Grade Level 0 to 8) 17.9% 14.9% 12.1%
2018 Estimated Some High School (Grade Level 9 to 11) 12.6% 11.1% 10.5%
2018 Estimated High School Graduate 35.1% 35.1% 32.3%
2018 Estimated Some College 18.0% 18.9% 19.9%
2018 Estimated Associates Degree Only 4.9% 5.7% 6.4%
2018 Estimated Bachelors Degree Only 7.7% 9.6% 12.1%
2018 Estimated Graduate Degree 3.8% 4.8% 6.6%
BU
SIN
ES
S 2018 Estimated Total Businesses 700 5,236 15,496
2018 Estimated Total Employees 6,188 62,463 194,255
2018 Estimated Employee Population per Business 8.8 11.9 12.5
2018 Estimated Residential Population per Business 84.5 64.5 48.6
DEMOGRAPHICS