4852-4854 W Cortez St Token

RealT


Price
$56.09 USD (0%)

24h Volume
0

Market Cap
$1,009,552

Last Trade
May 23, 2024

Last Trade
May 23, 2024
4852-4854 W Cortez St logo

RealT Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $916,200 USD
Soft Cap $0 USD
Raise Status Closed
Minimum Investment $51 USD
Accepted Investors International Non-US
Exemptions RegS
Instrument Equity
Token Issuance Info No lock up period due to RegS

Token Information

Price Per (RealT) $56.09 USD (0%)
Token Issuance Platform RealT
Blockchains Available On Gnosis Chain
Security Type Equity
Asset Class Real Estate
Payment Options Other

Token Rights

Each token grants the token holder the right to rent payments made by the tenant in the form of USDC or XDAI (stablecoin). Expected Income: 7.64%.

About

Overview

This is RealT’s 100th property! 4852-4854 W Cortez is actually two adjacent multi-family buildings — both beautiful brick, both fully rented, and almost entirely Section 8, making the rent exceptionally stable. Cortez requires no up-front renovations, and the cap rate is truly exceptional for a Chicago property, especially one in such excellent condition.

Highlights

Property Type: Multi Family
Full Address: 4852-4854 W Cortez St, Chicago, IL 60651
Country: USA
Source: RealT
Neighborhood: Austin
Construction Year: 1926
Total Units: 12 Units
Bedroom/Bath: 6x2, 6x3 Beds / 12x1 Baths
Rental Type: Long-term
Rented?: 10 / 12 Units
Rent Subsidy?: Section 8