2200 N. Avers Avenue
| Multi-Residential - Current Operating Returns | |
|---|---|
| Property Address | 2200 N. Avers Avenue |
| Price | $1,000,000 |
| Units | 20 |
| Contact Agent | |
| Name | Tim Keenan |
| Phone | 773-327-9300 X206 |
| timk@crer.com | |
| Description | |
|
Foreclosed condo development in Logan Square. 15 bulk condominium purchase opportunity. (1) 5 room 2 bedroom 1 bath (4) 4 room 2 bed 1 bath, (10) 4 room 1 bedroom 1 bath. A newer common gas fired boiler, supplies heat to the entire building. There is a 100 gal hot water heater which supplies the entire building. All units have rehabbed kitchens and bathrooms. Refinished hardwood floors and some vintage details were retained. Common coin laundry. The numbers are actual income currently. With the 5 remaining units occupied, the annual Pro forma NOI would be approximately $39K.
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| Summary - Operating Information | |
| Price | $1,000,000 |
| Number of Units | 20 |
| Expenses | |
| Real Estate Taxes | $35,000 as of 2008 |
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.