4502 W. Irving Park Rd.
Chicago, IL 60641
$2,799,000
Price
Sq. Ft.
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Executive Summary

CRER presents this exclusive property for sale, featuring an 8-unit building constructed in 2011. This modern elevator-equipped building includes seven 2-bedroom, 2-bathroom units, each boasting its own balcony and dedicated parking space.

Additionally, the property offers a spacious 3,400 sq. ft. commercial space, occupied by a Fitness business. The building is in excellent condition, offering condo-quality living with in-unit laundry facilities. Tenants enjoy the convenience of separate gas and electric meters, with parking included.

This investment opportunity is fully leased, generating a net operating income (NOI) of $172,658. This property is a must-see for discerning investors seeking quality and value.

Property Location

Chicago » 60641 » 4502 W. Irving Park Rd.

Property Details

Status Active
Listing Type For Sale
Property Type Mixed Use
Price $2,799,000
Residential Unit Mix (7) 2 Bed / 2 Bath
Commercial Unit Mix (1) Retail

Broker Contact

Mike Weaver

Michael Weaver

Mobile: (312) 446-5018

Office: (773) 327-9300

Email: MichaelW@crer.com

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Chicago Property Management Services

CRER Is Expanding Its Property Management Portfolio

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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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CRER Client

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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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