$900,000
PERFECT 1031 / INVESTOR OPPORTUNITY! TURN-KEY, 4 UNIT APARTMENT BUILDING IN PRIME, EAST RAVENSWOOD! AN EXTREMELY RARE INVESTMENT OPPORTUNITY PRODUCES A 6% NET CAP RATE OF RETURN AT THE LIST PRICE! FULLY REHABBED IN 2016 - NEW TEAR-OFF ROOF, WINDOWS, HEATING SYSTEM, A/C UNITS, WATER HEATER, WASHER DRYERS, HICKORY FLRS, NEW, SOLID WOOD KITCHENS W/QUARTZ TOPS, BREAKFAST BARS & SS APPLIANCES- INCLUDING BUILT-IN MICROWAVES & DISHWASHERS. BATHROOMS WITH UPDATED FIXTURES & TILE SURROUND. BUILDING HAS 3 -TWO BED / 1 BATH UNITS & ONE 1 BED / 1 BATH UNIT - ALL UNITS OBTAIN ABOVE MARKET RENTS. SITE HAS SIDE DRIVEWAY TO MULTI-PARKING SPACES (ADDIT. INCOME OPTION) - CURRENTLY BEING USED AS BACK COMMON PATIO. A+LOCATION - QUIET TREE LINED STREET & NEXT DOOR TO MULTI-MIL.$ HOMES. CLOSE TO EL, METRA, GROCERY, SHOPS & TOP SCHOOLS. BUILDING IS FULLY RENTED.
Beds & Baths
Size & Structure
Location
Financial
Heating
Basement
Construction
Roof
Foundation
Patio & Porch
Lot Features
Sewer
Water Source
Parking
Community Features
4402 Hermitage Avenue, CHICAGO, IL 60640 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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