6120-34 Hamilton Ave - Apartments FOR SALE


Chicago, IL 60659- West Rogers Park
$2,847,500 USD
312-423-7934
6120-34 Hamilton Ave, Chicago, IL for Sale
$2,847,500 USD
Apartments - FOR SALE
1/31
null | 5.99% Cap Rate

6120-34 Hamilton Ave
Chicago, IL 60659
West Rogers Park


HIGHLIGHTS

  • The spacious rooms highlight the property's charm, blending vintage character with modern amenities. The garage is attached.
  • The updated kitchens come fully equipped with a microwave, refrigerator, dishwasher, and stove, while the renovated bathrooms add to the appeal.
  • Many units feature balconies, providing ample natural light and an inviting atmosphere.
  • This well-maintained property, with its blend of classic style and modern updates, is an excellent investment opportunity.
  • The subject property is within walking distance of the Devon Avenue retail corridor and the Western Avenue retail corridor.
  • The subject property is also accessible via Western Avenue, Peterson Avenue, and Devon Avenue CTA bus lines. There is no rail service in the immediate

OVERVIEW

This prime multi-family investment opportunity is located in the vibrant West Ridge neighborhood on the north side of Chicago. The property consists of two multi-family walk-up buildings at 6120-6122 N. Hamilton Ave and 6128-6134 N. Hamilton Ave, featuring a total of 15 units. The unit configuration includes twelve 2-bedroom, 1-bathroom units ranging from 800 to 1,000 square feet, and three 1-bedroom, 1-bathroom units ranging from 600 to 750 square feet. Built in 1951 and renovated in 2019, the property sits on a 0.18-acre site and includes two garage parking spaces, on-site storage spaces, and a laundry room. This well-maintained property represent a fantastic cash cow and an excellent investment opportunity. With stable income potential and long-term growth prospects, this property is ideal for investors seeking a reliable and lucrative addition to their portfolio.

FOR SALE DETAILS

PRICE

$2,847,500 USD

PRICE/SF

$213 USD /SF

# OF UNITS

15

PRICE/UNIT

$189,833

CAP RATE

5.99%

% 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

1959

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

RS-3

APN/PARCEL ID

14-06-116-048-0000

ASK ABOUT THIS PROPERTY

Anastasiia LytvynUniconte LLCMore Info
312-423-7934

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Anastasiia LytvynUniconte LLCMore Info
312-423-7934

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