1036 N. Orleans St
Chicago, IL 60610
$1,025,000
Price
3,300
Sq. Ft.
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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

Chicago Property Management Services

CRER Is Expanding Its Property Management Portfolio

At CRER, we pride ourselves on being more than just a Property Management Company. We are partners in your success.
Our commitment is to safeguard your property's value and maximize its income potential. From our Lease Management to Advanced Tenant Screening, we ensure every detail is managed with precision.

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"As a property owner who has worked with CRER, I've found their approach to multi-family property management both professional and effective, particularly in their responsiveness to maintenance issues and their skill in balancing the needs of owners and tenants."



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