$2,350,000 USD
312-269-0220
HIGHLIGHTS
- Prime Location; Prime Edgewater location close by the Peterson Metra Station
- Ability To Push Rents; Opportunity for new owner to push rents $150/mo
- Recent Capital Improvements; 2020 & 2021 Improvements: New Electric Service; New Peerless Boiler, New Complete Tear-Off Roof; and All New Windows
- Affluent Area; Located in an affluent area of Chicago; average household income of $98,100 and population of 144,988 within 2-miles
- Convenience; Multiple CTA public transportation options within walking distance from the subject property
- Undiscovered Value; Ability to lease out parking spots for rent for additional income
FOR SALE DETAILS
PRICE
$2,350,000 USD
PRICE/SF
$227 USD /SF
# OF UNITS
6
PRICE/UNIT
$391,667
CAP RATE
6.71%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1926
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,200 SF
ZONING
10
APN/PARCEL ID
14-05-300-027-0000
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312-269-0220
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312-269-0220
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