4021 W Belle Plaine Ave - Apartments FOR SALE


Chicago, IL 60641
$1,175,000 USD
773-606-1450
4021 W Belle Plaine Ave, Chicago, IL for Sale
$1,175,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

4021 W Belle Plaine Ave
Chicago, IL 60641


HIGHLIGHTS

  • Rental Upside
  • One Block from CTA Irving Park Blue Line Stop
  • 6 Parking Spaces
  • On-Site Laundry

OVERVIEW

4021 W. Belle Plaine is located in the Old Irving Park neighborhood of Chicago, IL. The subject property consists of (4) 2Bd/1Bath units & (2) 1Bd/1Bath units. There are six surface parking spaces in the rear of the building that are not currently rented at an additional charge. Additionally, there is on-site laundry, the machines are coin-operated - 2 washers and 2 dryers. The building is heated by a hot water boiler system. The rents are well below market and is ready for an upgrade to the finishes to capitalize the strong Old Irving Park rental market. The property is located one block from the CTA Irving Park CTA blue line stop, making it convenient for commuters to both Downtown Chicago and O'Hare International Airport

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

6

PRICE/UNIT

$195,833

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

B1-2

APN/PARCEL ID

13-15-424-004-0000

ASK ABOUT THIS PROPERTY

James ZieglerMarcus & MillichapMore Info
773-606-1450

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James ZieglerMarcus & MillichapMore Info
773-606-1450

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