North Clybourn Group, Inc.
Listed by North Clybourn Group, Inc.
$1,175,000
3417 W Evergreen Avenue
Details
APN 16022210140000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 5
Cap Rate 3.50%
NOI $40,748
Year Built 1913
Stories 2
Zoning COMMR
Multifamily | 3.50% CAP | 5 Units
Marketing description
Incredible and Rare Opportunity to Acquire Legal 5 Unit Building in Highly Popular Humboldt Park Neighborhood! Property in Impeccable Condition In and Out. Same Owner for 30+ years. Spacious Units Each with Furnace, Large Bedrooms, Copper Plumbing, and Conduit Electrical. Attractive Curb Appeal, 2 Car Garage, and 1 Exterior Parking Space. Walking Distance to Humboldt Park, Grocery, Restaurants, and Cafes. Numerous New Construction Properties All Around. Rental Prices Under Market Rates Due to Long Time Tenants. Month to Month Agreements in 3 of the 5 Units (Other 2 Leases End 7/31/26 & 5/31/27). Coin Laundry Provides Additional Income. TWO Non-Conforming Garden Units. A Must See!!
Listing Contacts
North Clybourn Group, Inc.
Listed by North Clybourn Group, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,748.00
$3,395.67/mo
Valuation Metrics
0
DSCR
3.47%
Cap Rate
3.47%
ROI
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