11 bedroom house for sale
$1,725,000 - Chicago IL 60614Chicago IL 60614
11 bedroom house for sale
- Beds: 11
- Baths: 8
- Price: $1,725,000
- Reference No.: 69483795
Advertisement
Overview
Offers easy access to world-class restaurants, bars, shopping and Red/Brown/Purple line transfers at nearby Fullerton stopAAA+++ 4 unit investment property in Lincoln Park. Turnkey, fully updated in 2020. Rock solid building. Located one street east of Southport on one of the most desirable blocks in Lincoln Park. Offers easy access to world-class restaurants, bars, shopping and Red/Brown/Purple line transfers at nearby Fullerton stop. Great for commuting tenants. All units have been recently updated with large, modern kitchens and bathrooms, making them attractive to professional tenants with little to no vacancies historically. These units were formerly four separate condos with individual PINs. Each unit is a duplex/two-level apartment with individual central heat and AC, water heater, gas log fireplaces, and in-unit laundry, making them highly desirable to tenants. The property comes with two assigned outdoor parking spaces with the potential for a third parking space for a smaller car. The property also features a large rear yard, providing tenants with a private outdoor space. New Roof in 2022. Lincoln Park is a high-demand area with low vacancy rates, making this property an excellent investment opportunity. This property offers strong financial performance and potential for long-term appreciation. Rental income has been increasing annually. GRI $149K, NOI 109K GRM 11.6 puts this offering at a 6.43% CAP RATE return at full offer price below Lincoln Park valuations. Formerly four separate condominiums with separate electric and HVAC. Viewings of the property require 48 hours tour notice due to tenant occupancy. Information deemed reliable but buyer should perform their own due diligence. For more details and to contact: https://realtyww.info/homes_chicago-d523258/for-sale_i69483795
House Chicago
This House for sale is located at Chicago IL 60614. The home has 11 Bedroom and 8 Bathrooms. This 11 bedroom House in Chicago IL is for sale for $1,725,000 .
Disclaimer
2024-03-16, Viewed 0 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-16, Viewed 0 times.
Search more listings
- Top 20 3 bedroom house for sale montrose co fireplace
- Top 10 3 bedroom house for sale gretna ne laundry
- Top 10 3 bedroom apartment for rent fort mcmurray ab den
- Top 10 3 bedroom house for sale everett wa den
- Top 20 1 bedroom apartment for rent mesa az hardwood floor
- Top 20 3 bedroom house for sale new braunfels tx laundry
- Top 10 3 bedroom house for sale cumming ga hardwood floor
- Top 50 1 bedroom apartment for rent englewood co carpet
- Top 20 3 bedroom house for sale conroe tx garden
- Top 10 3 bedroom house for sale cathedral city ca laundry
- Top 20 2 bedroom apartment for rent baltimore md shopping
- Top 10 3 bedroom apartment for rent richardson tx balcony