14513 Kedzie Ave Posen, IL 60469
32-unit apartment building with strong cash returns.
Property Features for 14513 Kedzie Ave
General Information
- Standard status
- Active
- Zoning
- D
Building Details
- Year built
- 1964
Source:
Crexi
Listing Agency: Real Realty Inc. Listing Agent: James Clough
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Kedzie Apartments in Posen
The Kedzie Apartments, located in Posen in southern Cook County, are available for sale. This property features 32 apartments, consisting of 16 studio apartments and 16 one-bedroom, one-bathroom units. A significant portion of the units, specifically 24 out of the 32 apartments, have undergone full renovation. The renovated apartments command higher rental rates, averaging $100 more than the non-renovated units. The property demonstrates strong returns, currently yielding a cash return of over 14%. In terms of utilities, tenants are responsible for their individual heat and electricity expenses, while the landlord covers the cost of water. Each building includes a 1/2 basement, and there is also a storage shed available on the premises.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Posen
- County
- Cook
- State
- Illinois
- Longitude
- -87.6980761
- Latitude
- 41.629019
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FAQs
What type of property is this?
Apartment building - 32-unit apartment building with strong cash returns.
Where is this apartment building located?
The property is located at 14513 Kedzie Ave Posen, IL.
What are key features of this property?
This property features: - Strong cash return of over 14%.; - Opportunity to acquire 32 apartments (16 studios and 16 one bed one baths).; - 24 of 32 apartments have been fully renovated.
