Very rare & premier investment opportunity! fully stabilized, gutted, mixed-use investment property located on the most desirable LINCOLN PARK Street with 6.84% CAP Rate . 4 APRARMENTS and 1 Retail Space * 100% Leased * Located just across the street from the Chicago Transit Authority's (CTA) Brown Line L Train Stop at Armitage. * Stable Operating Income with Potential for Rent Increase * Tenants Pay All Utilities * 2022 Completed New Roof * 2022 New AC Condenser. For Each Unit Features Hardwood Floors, In-unit Laundry, Quartz Countertops, Stainless Steel Appliances, and Individual HVAC Units.
MLS# | 11925060 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1886 |
Days On Site | 369 |
Listing Provided By | Citywide Real Estate | Junzhou Cui |
SQ Feet | 5,009 |
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Story(s) | 3 |
Units | 5 |
State | IL |
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County | Cook |
City | Chicago |
Zip Code | 60614 |
Area | CHI Lincoln Park |
Listing VS Median (in 60614) | |
Price: $2,799,900 low | high Med: $549,987 SqFt: 5,009 low | high Med: 1,720 $ / SqFt: $559 low | high Med: $320 On Site: 369 low | high Med: 26.000000 |