Listed by @properties Christie's International Real Estate
$775,000
3410 W SHAKESPEARE Avenue
Details
APN 13352200240000
Property Type Multifamily
Sub Type Apartment Building
NOI $37,534
Year Built 1913
Zoning MULTI
Parking Spaces 2 spaces
Multifamily
Marketing description
This classic Chicago brick 2-flat calls Logan Square home. Just steps to all Armitage has to offer and less than a mile to the Square, this home is well-located and move-in ready. Unit 1 features a duplex-down with 3 bedrooms (could be more - see floor plans), 2 bathrooms and in-unit laundry. Hardwood floors throughout main level. Bathrooms and kitchen updates in 2013 with all new cabinetry, counters, tile, and fixtures. Unit 2 features a simplex with 2 bedrooms + den, 1 bathroom, and also features in-unit laundry. Lots of updates have been done to this unit as well, also circa 2013. Individual HVAC (tenant-paid) in each unit, including central AC. Many more updates can be done to increase rents or owner-occupy one of the units. Rear yard is currently used as a patio space, and has loads of potential to make this an outdoor summer retreat. 2 car garage. Wonderful location situated on leafy one-way Shakespeare, just a two blocks to all the action including Best Intentions, The Moonlighter and neighborhood icons like Scofflaw, Giant, and Rosa's Lounge. Easy stroll over to Logan Square Farmer's Market or California/Logan blue line stops. Agent will provided detailed information on all known updates as as well as rent roll and expenses at showing. Please note very specific showing windows. Building is fully tenant-occupied, but timing can work for owner-occupant by the end of July.
Listing Contacts
Listed by @properties Christie's International Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$37,534.00
$3,127.83/mo
Valuation Metrics
0
DSCR
4.84%
Cap Rate
4.84%
ROI
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