ALL BRICK, LEGAL 4 UNIT, 2 BUILDING PROPERTY ON WEBSTER AVE IN BUCKTOWN. 105K IN ANNUAL RENTS (GRM 11.2), 80,572 NOI (6.83 CAP RATE). NEXT LEASE RENEWAL 5/1/2025. THE BUILDING IS COMPRISED OF TWO - 2 BEDROOM/1 BATH UNITS IN THE FRONT BUILDING, ONE 1 BED + DEN AND 2 BEDROOM + DEN / 2 BATH DUPLEX UP UNIT IN THE REAR BUILDING. NEW ROOF (2024), NEW ELECTRICAL SERVICE (2024), TUCKPOINTING (2024). UNITS 1R/2R REHABBED IN 2018/2019 (BOTH WITH IN UNIT LAUNDRY). FRONT BUILDING BASEMENT HAS DEDICATED TENANT STORAGE AND COIN LAUNDRY. ALL UNITS WITH GAS FORCED/CENTRAL AIR. VALUE ADD IN DUPLEXING UNIT 2F UP INTO ATTIC. B3-2 ZONING. DON'T MISS THIS ONE!
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Date | Days Ago | Event | New Price |
---|---|---|---|
Oct 13, 2024 | 2 days ago | Price decreased24,900 (2%) | $1,155,000 |
Aug 5, 2024 | 2 mos ago | New on market | $1,179,900 |