The Daily Chicago Multifam Rerun

This is where I post full analyses of nearly all 3-4 unit residential buildings in the City of Chicago. The analyses posted here are approximately 10 business days removed from the listing date of the subject properties. More up to date and timely information can be found by exploring the different tiers of my Daily Chicago Multifam Newsletter 

Chicago Daily Multifam Rerun - 5/22/2025

May 22, 2025

Welcome to the Chicago Daily Multifam! In this edition we run a full estimated financial analysis on newly listed 3 and 4 unit properties in the City of Chicago!

(This is the analyses of properties listed ten business days ago. For more up to date information, visit this page.)

The purpose is to capture what a property would rent for in it’s current state as accurately as possible. Potential renovations and updates are not taken into consideration for this analysis. In many cases, a little TLC would in fact change this analysis significantly. 

The stats captured in the summary of each property are the address , price, Cap Rate (the rate of return after expenses, not factoring in borrowing costs), Gross Rent Multiplier/GRM (price of property divided by annual revenue), and Monthly Cashflow at 25% Down (currently calculated using 6.5% interest rate and 30 year amortization).

There is also a link to the calculator spreadsheet dedicated to each property, as well as a link to the property page where you can get more information via Zenlist. 

Please don’t hesitate to reach out with any questions about specific property analyses, methodologies, or other investment related questions. 

Please refer to this disclaimer. Information shared here is for general, educational, and entertainment purposes only and not to be taken as individualized real estate investment advice. These are based on potentially incomplete information and ,while we do our best, there is no guarantee of accuracy. Do your own research and/or contact us for more individualized advice. 

Listing data provided by MRED MLS and is deemed reliable but not guaranteed. 

Welcome to the Chicago Daily Multifam! In this edition we run a full estimated financial analysis on newly listed 3 and 4 unit properties in the City of Chicago!

(This is the analyses of properties listed ten business days ago. For more up to date information, visit this page.)

The purpose is to capture what a property would rent for in it’s current state as accurately as possible. Potential renovations and updates are not taken into consideration for this analysis. In many cases, a little TLC would in fact change this analysis significantly. 

The stats captured in the summary of each property are the address , price, Cap Rate (the rate of return after expenses, not factoring in borrowing costs), Gross Rent Multiplier/GRM (price of property divided by annual revenue), and Monthly Cashflow at 25% Down (currently calculated using 6.5% interest rate and 30 year amortization).

There is also a link to the calculator spreadsheet dedicated to each property, as well as a link to the property page where you can get more information via Zenlist. 

Please don’t hesitate to reach out with any questions about specific property analyses, methodologies, or other investment related questions. 

Please refer to this disclaimer. Information shared here is for general, educational, and entertainment purposes only and not to be taken as individualized real estate investment advice. These are based on potentially incomplete information and ,while we do our best, there is no guarantee of accuracy. Do your own research and/or contact us for more individualized advice. 

Listing data provided by MRED MLS and is deemed reliable but not guaranteed.

Far South Side

Address: 7800 S Aberdeen St, Chicago, IL 60620

Neighborhood: Auburn Gresham

Price: $325,000.00

Cap Rate: 2.71%

Monthly Cashflow at 25% Down: $ (805.58)

GRM: 12.9

Analysis Link

Website

West Side

Address: 725 N Trumbull Ave, Chicago, IL 60624

Neighborhood: Humboldt Park

Price: $450,000.00

Cap Rate: 8.96%

Monthly Cashflow at 25% Down: $ 1,225.31

GRM: 7.2

Analysis Link

Website

North Side

Address: 5017 N California Ave, Chicago, IL 60625

Neighborhood: Lincoln Square

Price: $1,100,000.00

Cap Rate: 5.48%

Monthly Cashflow at 25% Down: $ (194.86)

GRM: 11.9

Analysis Link

Website

 

Address: 6321 N Oakley Ave, Chicago, IL 60659

Neighborhood: West Ridge

Price: $1,300,000.00

Cap Rate: 5.09%

Monthly Cashflow at 25% Down: $ (644.58)

GRM: 13.1

Analysis Link

Website

 

Address: 1210 W Addison St, Chicago, IL 60613

Neighborhood: Lake View

Price: $1,599,000.00

Cap Rate: 4.92%

Monthly Cashflow at 25% Down: $ (1,029.07)

GRM: 13.2

Analysis Link

Website

Northwest Side

Address: 5145 N Springfield Ave, Chicago, IL 60625

Neighborhood: Albany Park

Price: $650,000.00

Cap Rate: 4.38%

Monthly Cashflow at 25% Down: $ (706.19)

GRM: 12.0

Analysis Link

Website

*Means that analysis was performed using estimated rents rather than rates of current occupancy 

Written and produced by Jake Lyons - @properties | Christie's International

For questions, concerns, or to explore your multifamily goals further, reach out to [email protected], or schedule a time to chat via this link

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