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4558 S Justine Street, Chicago, IL, 60609

4558 S Justine Street

$625,000

Key Information

Cap Rate
9.82%
GRM
8.07
$ per SF
$132
Tot. SF
4,708
$ per unit
$125,000
Units
5
Year Built
1900
Type
Apartments
NOI
$61,347

Highlights

• Fully occupied asset providing immediate, reliable cash flow.
• Approximately 60% long-term tenants with the remaining 40% consisting of 2025 lease-ups, offering a balanced tenant base and stable occupancy.
• Tenants already pay their own gas and electric.
• By the end of August, tenants will be responsible for approximately 90% of the property’s water and trash expenses, creating meaningful expense savings and increased NOI.
• Comprised entirely of 2 Bed / 1 Bath and 2 Bed / 1.5 Bath apartments.
• Larger unit layouts continue to experience steady rental demand and broad tenant appeal.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661