Executive Summary
Beautiful Lincoln Park Greystone 3-flat in one of Chicago’s best residential blocks. Rare value-add opportunity amongst multi million-dollar homes and luxury condos. Unit mix consists of all 2BR units that are approx. 1,200 SF. Value-add opportunities with in unit updates, duplexing down and increased rents. In addition to back porches, there also a bricked shared patio for outdoor space and a 2 car garage. Lot is 23.9′ wide, zoned RT4. Rents are substantially below market. Quoted GRM and Cap Rate are at existing rents.