The offering consists of a 24-unit courtyard style building. The unit mix contains 7 one-bedroom, 16 two-bedroom, and 1 three-bedroom apartment. 11 of the 24 units have been fully renovated. The renovated units are achieving approximately $200 more per month in rental income than the non-renovated units. This is an opportunity for a new investor to continue with unit renovations and stabilize the operations of the property through building and unit improvements and increasing rents to market levels
MLS# | 12298513 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1930 |
Days On Site | 52 |
Listing Provided By | Real Realty Inc | Alen Redzic |
SQ Feet | 19,000 |
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Story(s) | 3 |
Units | 24 |
Zoning | MULTI |
Acreage | 0.28 |
State | IL |
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County | Cook |
City | Chicago |
Zip Code | 60659 |
Area | CHI West Ridge |
Listing VS Median (In 60659) | |
Price: $3,270,000 low | high Med: $202,424 SqFt: 19,000 low | high Med: 1,250 $ / SqFt: $172 low | high Med: $200 On site: 52 low | high Med: 522.000000 |