Active · For Sale · Multi Family 5+

1330 W ARGYLE Street, Chicago, IL 60640

MLS opportunity selected in connection with 4824 W. Addison St. Chicago IL 60641

MLS #12692510

1330 W ARGYLE Street, Chicago, IL 60640
1330 W ARGYLE Street, Chicago, IL 60640CRER
1330 W ARGYLE Street, Chicago, IL 60640

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1330 W ARGYLE Street, Chicago, IL 60640

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The property

Executive summary

Incredible opportunity to acquire a fully rehabbed, turnkey 6-unit multi-family income property in a highly desirable Uptown/Andersonville-adjacent pocket. This pristine center-entrance asset features a high-demand rental mix of four spacious 2-bedroom/2-bathroom units and two 3-bedroom/3-bathroom units, all boasting high-end modern finishes, updated kitchens and baths, and thoughtful layouts. Ideal for an investor seeking immediate stabilization and strong cash flow with a projected market rent of $18,000/month. The property includes a dedicated rear asphalt lot providing 6 outdoor parking spaces-a premium commodity for tenants in this neighborhood. Unbeatable urban location just steps from the Argyle Red Line station, lakefront recreation, and the vibrant dining and retail corridors of Clark Street. Exceptional turnkey addition to any portfolio.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$189,612
Reported Annual Expenses
$58,819
Estimated NOI
$130,793
Estimated Cap Rate
5.23%
Estimated GRM
13.18
Annual Taxes
$26,098 (2024)

Property Details

Units
6
Building Size
5,800 SF
Lot Size
5,454 SF
Lot Acreage
0.13
Lot Dimensions
43.6 x 125
Stories
3
Year Built
1918
Building Age
Older
Construction
Brick, Brick/Stone Msn Pred
Roof
Flat, Membrane
Zoning
MULTI
Parcel Number
14083110750000

Operations & Utilities

Heating
Forced Air, Gas, Separate Per Unit, Individual Furnaces
Cooling
Central Individual
Tenant Pays
Air Conditioning, Electricity, Heat
Electric
Circuit Breakers, Separate Meters
Water Source
Municipal Water
Possession
Tenant's Rights
Documents Available
Rent Roll, Leases, Operating Statement, Tenant Lease(s)

Location & Use

County
Cook
Market Area
Chicago - Uptown
Township
Lake View
Present Use
Multi-Family
Potential Use
Multi-Family
Location
Public Transport Avail, Free Standing/Urban, In City Limits
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.