Nate Gautsche represented the seller in the sale of a 3-unit investment opportunity in Uptown steps from the lakefront. The unit mix for the subject property consists of (2) 2BR/2BA, (1) 2BR/1BA and a non-conforming 1BR/1BA in the garden level. Unbeatable location in the heart of rapidly appreciating Uptown. Short walk to the newly renovated Wilson Red Line CTA and all the Broadway has to offer. Quiet cul-de-sac street adjacent to Arai Campus Park. Parking pad for 3 cars and shared outdoor patio. Excellent value-add rental investment in a high growth market. Long term tenants at below market rental rates. The property is located in an ADU pilot area allowing a new owner to apply to legalize the lower-level unit.
- Steven Rapoport & Justin Moore with CRER brokered the $4,560,000 off-market sale of (2) adjacent properties in Lincoln Park
- Nate Gautsche Sells 44-Unit Apartment Building Off-Market to Out-of-State Buyer
- Steven Rapoport Facilitates a Sale of 12,500 Sq. Ft. Site With Building in Chicago’s North Center Neighborhood