1201 W Belden Ave - Multi-Family FOR SALE


Chicago, IL 60614- DePaul
$2,700,000 USD
312-848-6682
1201 W Belden Ave, Chicago, IL for Sale
$2,700,000 USD
Multi-Family - FOR SALE
1/17
null | Request Cap Rate

1201 W Belden Ave
Chicago, IL 60614
DePaul


HIGHLIGHTS

  • Rarely Available Asset Prime Lincoln Park Location
  • Renovated Apartments with Trendy and Timeless Finishes
  • Individual HVAC and Hot Water Heaters
  • In-Unit Laundry
  • All Townhome Style Layouts with Exposed Brick and Loft Ceilings
  • Four Surface Parking Spaces

OVERVIEW

Interra Realty has been exclusively engaged to market 1201 W. Belden Avenue, Chicago, for sale. The subject investment property is a six unit, townhome style multifamily asset on a prime corner in the Lincoln Park Neighborhood. The property also includes four surface parking spaces. All apartments are two story, two bed / one bath units that feature exposed brick, original beams, in-unit laundry, individual HVAC and hot water heaters, and updated kitchen and bathroom finishes. With the separate utilities and no common building space, the building runs on an efficient expense ratio and offers a private living experience for residents. The property is diagonally across the street from DePaul University and Trebes Park. Tenants are also a short walk from numerous restaurants, bars, shops and transportation options. The property is being offered for sale with an assumable Chase loan that is fixed at 3.65% until 6/1/2027.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$465 USD /SF

# OF UNITS

6

PRICE/UNIT

$450,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1883

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RT-4

APN/PARCEL ID

14-32-113-023-0000,14-32-113-024-0000

ASK ABOUT THIS PROPERTY

Joe SmazalInterra RealtyMore Info
312-848-6682

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Joe SmazalInterra RealtyMore Info
312-848-6682

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