2530 N Neva Ave - Apartments FOR SALE


Chicago, IL 60707
$850,000 USD
312-823-9616
2530 N Neva Ave, Chicago, IL for Sale
$850,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

2530 N Neva Ave
Chicago, IL 60707


OVERVIEW

Fantastic investment opportunity in the sought-after Montclare neighborhood of Chicago, just steps from the Diversey and Harlem Terminal and across from Elmwood Park. This well-maintained multi-family property sits on a spacious double lot with gated access, featuring four units across two buildings, and a finished basement. The front building offers a duplex-up with 2 bedrooms, 2 bathrooms, and 2 living rooms, as well as another 2-bedroom, 2-bath unit with a separate dining room. The coach house includes a duplex-up with 2 bedrooms and 1 bathroom, ideal for owner-occupancy, along with a 1-bedroom, 1-bath unit. Front building has basement offering potential for additional income. Recent updates, including newer siding, roof, and windows, provide low maintenance, while tenants benefit from a shared coin-operated laundry. With its prime location near public transit, shopping, and dining, this property offers excellent income potential and long-term value in a desirable area. For sale by owner.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2530 N Neva Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,196 SF

ZONING

-

APN/PARCEL ID

13-30-316-033-0000

ASK ABOUT THIS PROPERTY

Roman GoncharkoProperty managementMore Info
312-823-9616

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Roman GoncharkoProperty managementMore Info
312-823-9616

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