6446 University Ave, Chicago, IL 60601

Description

Turnkey property with professional management in place. Ideal for investors seeking passive income.

Building Size

38,442 SF

Lot Size

144,147 SF

Year Built

1977

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Approximate location · 41.8348, -87.5881

For Sale

Verified

Asking Price

$20,030,000

Cap Rate

8.8%

Net Operating Income

Actual

$1,762,640

Gross Income$2,467,696

Operating Expenses$705,056

Vacancy Rate7%

Occupancy: 95%

Listed by

investor

Last verified: 8/20/2026