1533-37 N Wieland St - Apartments FOR SALE


Chicago, IL 60610
$6,595,000 USD
312-203-6883
1533-37 N Wieland St, Chicago, IL for Sale
$6,595,000 USD
Apartments - FOR SALE
1/16
null | 5.99% Cap Rate

1533-37 N Wieland St
Chicago, IL 60610


HIGHLIGHTS

  • IRREPLACEABLE OLD TOWN LOCATION
  • FULLY RENOVATED 2023
  • STEPS TO PUBLIC TRANSPORTATION
  • COVERED PARKING
  • CENTRAL HVAC/IN-UNIT LAUNDRY
  • CONDO QUALITY FINISHES

OVERVIEW

Introducing an exclusive opportunity from 33 Realty and Jameson Commercial located at 1533-1537 North Wieland St in Chicago's vibrant Old Town neighborhood. This impressive multi-family building, fully renovated in January 2023 and originally built in 1968, stands prominently near the intersection of N Wieland St and W North Ave. The property features a total of 20 units across five stories, offering a mix of 8 studio apartments with one bathroom each and 12 one-bedroom apartments with one bathroom each. Each unit at 1533-1537 North Wieland St boasts modern amenities including stainless steel appliances, dishwashers, and elegantly tiled bathrooms. Central heating and air conditioning ensure year-round comfort, while the convenience of in-unit laundry adds to the appeal for tenants.  Residents benefit from proximity to the Sedgwick Brown Line CTA stop, providing easy access to transportation. Garage parking is available on-site, further enhancing convenience for tenants. This fully renovated property presents an attractive investment opportunity, positioned for strong returns with its desirable location and modern amenities.

FOR SALE DETAILS

PRICE

$6,595,000 USD

PRICE/SF

$441 USD /SF

# OF UNITS

20

PRICE/UNIT

$329,750

CAP RATE

5.99%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1968

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,935 SF

ZONING

R-5, Chicago

APN/PARCEL ID

17-04-203-007-0000,17-04-203-008-0000,17-04-203-009-0000

ASK ABOUT THIS PROPERTY

Kevin Schnell33 RealtyMore Info
312-203-6883

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Kevin Schnell33 RealtyMore Info
312-203-6883

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