Active · For Sale · Multi Family 5+
$1,569,000
2475 N Clybourn Avenue, Chicago, IL 60614
- Units
- 7
- Price / Unit
- $224,143
- Est. Cap Rate
- 7.99%
- Est. GRM
- 10.90
Property Overview
Lincoln Park 7 Unit Multi-Family Residential Property with Office Unit in rapidly appreciating Clybourn Corridor location!!! Situated on an Oversized City Lot with all Brick Construction, a Rear Yard and 2 Car Garage!! This Property has there Ideal Owner Occupied or Investor Mix of Unit Configurations including 2-Three Bedrooms, 3-Two Bedrooms and 1-One Bedroom Single Bath Apartments with an additional Leased Office Unit. The Property has been improved with a recent roof replacement and updated kitchens and baths over time. All Units have Separate Forced Air Heat/Hot Water Tanks and Central Air in some units!! Rear Units have private outdoor decks. The Leases are performing with a current Strong Rent Roll with high upside to increase in the near term!!! Coin Washer/Dryer in Common Area for Tenants!! This Property has been Professionally Managed and is in close proximity to expressways, shopping and many upper bracket New Construction Developments!! Floor Plans, Rent Roll and Survey under Additional Information.