[Address Unavailable]

[Address Unavailable], Chicago, IL 60618

Sold for $850,000 on 12/23/19


Beds Baths Built Sq.Ft. Garage Taxes On Market
12 1914 4 $10,579 2343 days

RARELY AVAILABLE, TRUE 4-UNIT BUILDING on a DOUBLE LOT (50 x 125 ft) with beautiful center entrance in a highly desirable Irving Park location just 5 blocks from Independence Park! This building is a money maker with a CAP Rate of 7... and it doesn't get better for an easy-to-rent location- just 2 blocks from the Blue Line Addison Stop, close to the Metra, & easy access to a plethora of shopping & restaurants & 90/94 as well (perfect for commuters & getting to the airport). This beautiful building has recently had over $150,000 in updates including all brand new back decks & stairs, a brand new built-out 4BR, 2BTH Duplex Down, 2 new furnaces, all new hot water heaters & a drain tile system as well. All units are separately metered & tenants pay all their own utilities! With almost $82,000 in yearly income (from coin laundry & rents) & room for rent increases through continued cosmetic updates to the apartments this building represents an opportunity for a solid investment in a solid location with great returns for years to come!

Listing courtesy of Baird & Warner


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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