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UPDATED:
09/26/2024 03:50 PM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12151621
Year Built 1898
Annual Tax Amount $38,763
Tax Year 2023
Lot Dimensions 50 X 121
Property Description
Tremendous opportunity awaits in this historic brick center entry East Lakeview six-flat. This stunning, versatile building makes a great addition to an existing portfolio or is perfect for a live-in owner or condo conversion. Situated in the heart of Wrigleyville, with a 7% cap rate, there is always heavy demand with high rents and strong tenant retention. This building was fully rehabbed in 2008, and has been meticulously maintained. No deferred maintenance. This building has two 3 bedroom/3bath duplex downs with brand new baths, and four 3 bedroom/2bath simplexes. All units feature large living spaces, modern kitchens and baths, hardwood floors, in-unit laundry and private outdoor spaces. Each unit has an assigned parking spot for a total of 6 parking spots. Recent improvements include a complete tear off roof, extensive tuck pointing and updated porches. All windows, plumbing and electrical has been done. Wrigleyville is one of the most vibrant, in-demand neighborhoods in Chicago. Walk to the lake, restaurants, grocery stores, trains, buses, and Cubs Field!
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplace Y
Exterior
View Y/N true
Building
Structure Type Brick
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Listed by Randy Nasatir • @properties Christie's International Real Estate