$849,000
Excellent Investment Opportunity selling at almost a 9% CAP RATE. 4-Unit Extra Wide 30x125 Building in Prime NorthPark Location. RT-4. Annual Gross Income of $86k & NOI of $75k, 100% leased. Well maintained building with recent upgrades over the last 3 years including: Silver coated roof, Steel Porch, Full Masonry TuckPointing & Sealing, All new concrete, 100amp Electrical, Individual Furnaces/AC's, water heater, windows. Updated apartments with hardwood floors, tile, new kitchens & Baths, quartz counters, and stainless steel appliances. Spacious approximately 1700 sqft apartments with dining room/living room, eat-in kitchens. 3 apartments are 3bed/2bath and 1 is 2bed/1bath. Easy to rent in central Northpark location near Northside Prep, North Park College, Northeastern University, 2 blocks to Brown line. Coin laundry in basement. Seller & agent makes no warranties/representations as to the legality of the garden unit. Rent-Roll and Financials included in Documents. Agent owned/interes
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4922 Spaulding Avenue, CHICAGO, IL 60625 — 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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