2828 N Lawndale Ave - Apartments FOR SALE


Chicago, IL 60618
$1,195,000 USD
773-407-3637
2828 N Lawndale Ave, Chicago, IL for Sale
$1,195,000 USD
Apartments - FOR SALE
1/22
null | 7.08% Cap Rate

2828 N Lawndale Ave
Chicago, IL 60618


HIGHLIGHTS

  • Very diverse neighborhood in HOT AVONDALE, near Logan Square.
  • Convenient to public transportation, highways, shopping, dining and entertainment
  • Easy to kept rented units, VERY LOW VANCANCY rate.
  • New gates and fencing, and new rear siding in 2023
  • Cash only, As-Is

OVERVIEW

Fully occupied, professionally managed 6-flat in HOT Avondale. Each unit has it's own furnace and central AC. Building and units rehabbed in 2016. 1 and 2 bedroom units include: in-unit laundry, stainless kitchens with quartz countertops and white shaker cabinets and modern bathrooms. Roof replaced in 2020. New gates and fencing, and new rear siding in 2023. Tenants pay gas and electricity bills. Enjoy turnkey, up and running, top rent money maker in AVONDALE. Annual Gross Income for this building is $115,140. Cash Only, As-Is.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

6

PRICE/UNIT

$199,167

CAP RATE

7.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1896

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

RT-4

APN/PARCEL ID

31-35-306-056-0000

ASK ABOUT THIS PROPERTY

William AshcraftBS Realty Services, LLCMore Info
773-407-3637

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William AshcraftBS Realty Services, LLCMore Info
773-407-3637

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