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CHICAGO , IL 60640

7 Beds, 0.0 Bath(s) $900,000


Property Type: MU


Parking: 2 spaces

Laundry: in-building


Neighborhood: Ravenswood


School District(s): Ravenswood


Broker reciprocity copy
Remarks - PERFECT 1031 / INVESTOR OPPORTUNITY! TURN-KEY, 4 UNIT APARTMENT BUILDING IN PRIME, EAST RAVENSWOOD! AN EXTREMELY RARE INVESTMENT OPPORTUNITY PRODUCES A 6% NET CAP RATE OF RETURN AT THE LIST PRICE! FULLY REHABBED IN 2016 - NEW TEAR-OFF ROOF, WINDOWS, HEATING SYSTEM, A/C UNITS, WATER HEATER, WASHER DRYERS, HICKORY FLRS, NEW, SOLID WOOD KITCHENS W/QUARTZ TOPS, BREAKFAST BARS & SS APPLIANCES- INCLUDING BUILT-IN MICROWAVES & DISHWASHERS. BATHROOMS WITH UPDATED FIXTURES & TILE SURROUND. BUILDING HAS 3 -TWO BED / 1 BATH UNITS & ONE 1 BED / 1 BATH UNIT - ALL UNITS OBTAIN ABOVE MARKET RENTS. SITE HAS SIDE DRIVEWAY TO MULTI-PARKING SPACES (ADDIT. INCOME OPTION) - CURRENTLY BEING USED AS BACK COMMON PATIO. A+LOCATION - QUIET TREE LINED STREET & NEXT DOOR TO MULTI-MIL.$ HOMES. CLOSE TO EL, METRA, GROCERY, SHOPS & TOP SCHOOLS. BUILDING IS FULLY RENTED.

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