Closed · For Sale · Multifamily

1951 N Dayton St, Chicago, IL 60614

Beautiful Lincoln Park Greystone 3-flat in one of Chicago's best residential blocks.

1951 N Dayton St, Chicago, IL 60614CRER
1951 N Dayton St, Chicago, IL 60614

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1951 N Dayton St,, Chicago, IL 60614

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The property

Executive summary

Beautiful Lincoln Park Greystone 3-flat in one of Chicago's best residential blocks. Rare value-add opportunity amongst multi million-dollar homes and luxury condos. Unit mix consists of all 2BR units that are approx. 1,200 SF. Value-add opportunities with in unit updates, duplexing down and increased rents. In addition to back porches, there also a bricked shared patio for outdoor space and a 2 car garage. Lot is 23.9' wide, zoned RT4. Rents are substantially below market. Quoted GRM and Cap Rate are at existing rents.

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