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CHICAGO , IL 60607

6 Beds, 0.0 Bath(s) $800,000

Property Type: MU

Parking: 3 spaces

Laundry: in-building

Neighborhood: University Village / Little Italy

School District(s): Smyth

Broker reciprocity copy
Remarks - Perfect 1031 / investor opportunity! Turn-key, 3 unit apartment building in prime Little Italy / UIC medical district! Units rent quick at above market rates. Currently produces over 6% net cap rate of return at the list price. Rehabbed throughout - roof, siding, newer decking & fencing, windows, separate HVAC systems, electric, water heaters, washer dryers, wood floors, updated appliances- including built-in microwaves & dishwashers. Bathrooms with updated fixtures & tile. Common finished basement with newer sets of free-use laundry machines, separate storage rooms and common work area. On-site parking for 3 cars. A+ location on quite, tree lined street adjacent to Taylor Street shopping, restaurants and close to hospital & UIC campus. Building is fully rented with well qualified, gainfully employed, tenants.

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