Listed by Building Equity
$1,075,000
3743 W Armitage Ave
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 5,025
Units 6
Cap Rate 6.58%
NOI $70,697
Occupancy 100%
Tenancy Multi
Price per SqFt $214
Year Built 1909
Year Renovated 2016
Buildings 2
Stories 3
Lot Size (SqFt) 3,125
Investment Type Stabilized
Ground Lease No
Mixed Use | 6.58% CAP | 5,025 SqFt
Marketing description
Logan Square mixed use investment opportunity. Property consists of a brick 3 story front building and a frame 3 story coach house in the rear. Property was completely renovated in 2016. Units feature central heat and air, newer kitchens and baths with quartz counters, 42-inch kitchen cabinets, stainless appliances, dishwasher, newer hardwood floors. Building features a shared common patio area and coin laundry in the basement. Property offers an investor the opportunity to acquire a fully rented, well maintained asset in one of the most sought after neighborhoods in the city of Chicago.
Investment highlights
- Logan Square mixed use investment opportunity
- Property consists of a brick 3 story front building and a frame 3 story coach house in the rear
- Property was completely renovated in 2016
- Units feature central heat and air, newer kitchens and baths with quartz counters, 42-inch kitchen cabinets, stainless appliances, dishwasher, newer hardwood floors
- Building features a shared common patio area and coin laundry in the basement
- Property offers an investor the opportunity to acquire a fully rented, well maintained asset in one of the most sought after neighborhoods in the city of Chicago
Listing Contacts
Listed by Building Equity
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,697.00
$5,891.42/mo
Valuation Metrics
0
DSCR
6.58%
Cap Rate
6.58%
ROI
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