1513-1515 W. Sunnyside is comprised of 6 high-end condo-quality units accompanied by three parking spaces (and there is a lot next door for additional parking needs). The unit mix is (4) 2Bdr/2Ba simplex and (2) 3Bdr/2.5Ba duplex units. The building went through a complete gut-rehab in 2018 and features a new roof, all copper plumbing, security cameras and key fob access. The units boast granite countertops, stainless steel appliances, an oven range, hardwood floors, custom lighting, individual furnaces w/ A/C, in-unit laundry and massive walk-in closets.
The building is well-located and within walking distance to the Montrose CTA ‘L” Station, the Clark & Sunnyside CTA Bus Station, and Chase Park.
The property has an in-place 5.49% cap rate, with room to move rents to an in-place 6% cap by moving rents to prices already achieved within the same layout.