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31597352
31572716

3311 N Kostner Avenue, Chicago, IL 60641

Compass Roscoe Village
Listed by Compass Roscoe Village
$599,999
55 days on market
Updated 20 days ago

3311 N Kostner Avenue

Details
APN 13224250050000
Property Type Multifamily
Sub Type Apartment Building
NOI $44,820
Year Built 1916
Acreage 0.070
Zoning MULTI

Multifamily

Marketing description

Great looking Old Irving Park (3 Unit) Multi-family! The property is a legal 2 flat for disclosure purposes but lives and breathes like a (3 unit). The property consists of the 1st and 2nd floor being (2) bed (1) bath units and the attic is a one bed one bath unit. The basement has one large storage area and two private storage units that can be locked off. The property is located on a beautiful and quiet Tree Line Street. The building has been updated with Hardwood Floors, Laminate Floors, Stainless Steel Appliances and Updated Kitchens. There is some VALUE ADD if you wanted to ADD dishwashers to each of the units and install AC units for the first and second floors. Currently the first and second floors have HVAC, furnaces but no AC units. The attic unit has a Furnace and AC for that space. All (3) units have electric and gas that are separated out for each unit. ((ALL UTILITIES ARE SEPERATE FOR EACH UNIT)) There is a privacy fence that goes all around the entire yard. The building currently has two long-term tenants on the second floor and attic and the first floor is currently vacant. This would make for a perfect opportunity for someone to purchase the property and live in the first floor and collect rent from the other two. Super easy street parking although you are landlocked and there is NO garage. The property is super close to Kilbourne park, shopping, restaurants, public transportation and super quick access to the highway.
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Compass Roscoe Village
Listed by Compass Roscoe Village

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$44,820.00
$3,735.00/mo

Valuation Metrics

0
DSCR
7.47%
Cap Rate
7.47%
ROI

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