1444 W. Morse

1444 W. Morse
Chicago, Illinois, 60626

  • Sales Price: $2,000,000
  • Expense per Unit: $5,075
  • Number of Units: 12
  • Expense Per Unit Without Tax: $3,335
  • Price Per Unit: $166,667
  • Net Income: $164,655
  • Square Footage: 17,149
  • Capitalization Rate: 8.23%
  • Price Per Square Foot: $116.62
  • Gross Rent Multiplier: 8.87
  • Age: n/a
  • Close of Escrow: 2011-12-23
  • Gross Scheduled Rent: $250,620
  • Escrow Opened: 2011-12-20
  • Other Income: $0
  • Market Time: 35 days
  • Vacancy: 10%
  • Property Tax: $20,882
  • Gross Operating Income: $225,558
  • Expenses: $40,021

Unit Mix

  •  Unit Type
     Number
     SF
     Rent
  •  2Bdr/2Ba
     6
     1159
     $1500-1700
  •  2Bdr/2Ba
     3
     1295
     $1200-1500
  •  3Bdr/3Ba Duplex
     2
     1957
     $2080-2200
  •  3Bdr/2.5Ba Duplex
     1
     2396
     $0