7.4% EXISTING/9% STABALIZED CAP RATE - EAST LOGAN SQUARE VALUE ADD OPPORTUNITY. MATICULOUSLY MAINTAINED LEGAL 4-UNIT + 2 GARDEN UNIT MULTIFAMLY. FULLY REHABBED IN 2017, WITH THE EXCEPTION OF UNIT 2R - LONG TERM TENANT. ALL NEW ELECTRICAL, PLUMBING, MECHANICALS, HARDWOOD FLOORS, KITCHENS, BATHS, ROOF, TUCKPOINT+++. ALL BUT 2 UNITS ARE UNDER MARKET VALUE RENTS CURRENTLY, WITH VALUE ADD POTENTIAL BETWEEN $15K-20K. ZERO VACANCIES FOR 10+ YEARS. PARKING FOR UP TO 6 CARS BETWEEN 2-CAR GARAGE + REAR DRIVEWAY. AMPLE PERMIT STREET PARKING. EASY ACCESS TO I-90/94, CTA BUSES, RESTAURANTS, BARS (RAVINIA & MAPLEWOOD BREWERIES) +++
7.4% EXISTING/9% STABALIZED CAP RATE - EAST LOGAN SQUARE VALUE ADD OPPORTUNITY. MATICULOUSLY MAINTAINED LEGAL 4-UNIT + 2 GARDEN UNIT MULTIFAMLY. FULLY REHABBED IN 2017, WITH THE EXCEPTION OF UNIT 2R - LONG TERM TENANT. ALL NEW ELECTRICAL, PLUMBING, MECHANICALS, HARDWOOD FLOORS, KITCHENS, BATHS, ROOF, TUCKPOINT+++. ALL BUT 2 UNITS ARE UNDER MARKET VALUE RENTS CURRENTLY, WITH VALUE ADD POTENTIAL BETWEEN $15K-20K. ZERO VACANCIES FOR 10+ YEARS. PARKING FOR UP TO 6 CARS BETWEEN 2-CAR GARAGE + REAR DRIVEWAY. AMPLE PERMIT STREET PARKING. EASY ACCESS TO I-90/94, CTA BUSES, RESTAURANTS, BARS (RAVINIA & MAPLEWOOD BREWERIES) +++
Neighborhood
Type
County
Cook
Area
CHI - Logan Square
Tax Amount
$12,139
Status
Active
Listing #
11665657
Built
1917
Lot Size
0.10
Listed on site
92 days