1041 W Madison St - Apartments FOR SALE


Chicago, IL 60607
$2,400,000 USD
630-550-1515
1041 W Madison St, Chicago, IL for Sale
$2,400,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

1041 W Madison St
Chicago, IL 60607


HIGHLIGHTS

  • Rare Opportunity / Prime Location
  • Excellent Renovations
  • Low In-Place Rents

OVERVIEW

1041 W Madison offers a rare chance to acquire a prime building in one of Chicago's most desirable neighborhoods. The property features (1) Retail space and (3) 3 Bedroom, 2 Bathroom units at 1,700 SF, all beautifully renovated with modern appliances and in-unit laundry. The mechanical systems are in excellent condition and the property includes two indoor parking spots and four outdoor spaces.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

4

PRICE/UNIT

$600,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

DX-3

APN/PARCEL ID

17-17-203-010-0000

ASK ABOUT THIS PROPERTY

Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

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Joe ConnellySVN | Chicago CommercialMore Info
630-550-1515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.