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Key Details
Sold Price $1,650,000
Property Type Multi 5 Units
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 6,581 sqft
Price per Sqft $250
MLS Listing ID 11332650
Sold Date 04/29/22
Maintenance Fees $12,963
Year Built 1888
Annual Tax Amount $17,998
Tax Year 2020
Lot Size 3,049 Sqft
Lot Dimensions .067 ACRES
Property Sub-Type Multi Family 5+
Property Description
Location, Location, Location! Amazing location. Never Vacant, TONS of new development on greenview. walking distance to Depaul, stores, bus, train, and close to interstate. Legal 6 unit building offered at a 6.4% cap rate in the HOT Lincoln Park Neighborhood. This is a headache free building that you can feel confident purchasing. With new construction going up all around it this meticulously maintained building is sure to go up in value. Rents are good but there is room for improvement. PROPETY CAN BE BOUGHT WITH THE ENTIRE PORTFOLIO OR AS INDIVIDUALS. So many great opportunities. CAPITALIZE WITH AIR BNB, FURNISHED STUDENT HOUSING, RENTALS, OWNER OCCUPIED HOUSE HACKING, TEAR DOWN AND BUILD A SF HOME OR 4 UNIT CONDO BUILDING. This meticulously maintained building is all about LOCATION, LOCATION, LOCATION!!!!**************MULTIPLE OFFERS RECEIVED!**************
Location
State IL
County Cook
Area Chi - Lincoln Park
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Composition
Building
Level or Stories 3
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Bought with Jason Huang • Keller Williams Experience