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) +++
Listed by:
Jameson Sotheby's Intl Realty
Date | Days Ago | Event | New Price |
---|---|---|---|
Mar 31, 2023 | 1 yr ago | Price decreased30,000 (3%) | $1,170,000 |
Nov 7, 2022 | 1 yr ago | New on market | $1,200,000 |