1036 N. Orleans St
Chicago, IL 60610
Sq. Ft.

Executive Summary

Rare 3-unit investment property located at the edge of Old Town and River North. Building was fully gut rehabbed in 2001 with efficient 2BR/2BA layouts that are in high demand. Huge upside in below market rents in a booming area next to Walter Payton College Prep and 2,915 planned apartments under construction or planned in the area. Walking distance to the Clark/Division CTA and 3 parking spaces onsite. Centrally located within walking distance to all the bars, restaurants and nightlife on Wells in Old Town and River North.

As an investor or owner-occupant, you will be part of a thriving community that offers a rich blend of history, culture, and modernity. Seize this opportunity to become a part of Old Town’s legacy and capitalize on the promising future of this dynamic and flourishing neighborhood.

Property Location

Chicago » 60610 » 1036 N. Orleans St

Property Details

Status Closed
Listing Type For Sale
Property Type Multifamily
Size 3,300 Sq. Ft.
Price $1,025,000
Cap Rate 6.92%

Broker Contact

Nate Gautsche

Nate Gautsche, CCIM

Mobile: (312) 925-2521

Office: (773) 327-9300

Email: NateG@crer.com

vCard: Download

Ben Berenstein

Ben Berenstein

Mobile: 847-826-4046

Office: 773-327-9300

Email: BenB@crer.com

vCard: Download

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