
Description
7.4% EXISTING/9% STABALIZED CAP RATE - EAST LOGAN SQUARE VALUE ADD OPPORTUNITY. MATICULOUSLY MAINTAINED LEGAL 4-UNIT + 2 GARDEN UNIT MULTIFAMLY. FULLY REHABBED IN 2017, WITH THE EXCEPTION OF UNIT 2R - LONG TERM TENANT. ALL NEW ELECTRICAL, PLUMBING, MECHANICALS, HARDWOOD FLOORS, KITCHENS, BATHS, ROOF, TUCKPOINT+++. ALL BUT 2 UNITS ARE UNDER MARKET VALUE RENTS CURRENTLY, WITH VALUE ADD POTENTIAL BETWEEN $15K-20K. ZERO VACANCIES FOR 10+ YEARS. PARKING FOR UP TO 6 CARS BETWEEN 2-CAR GARAGE + REAR DRIVEWAY. AMPLE PERMIT STREET PARKING. EASY ACCESS TO I-90/94, CTA BUSES, RESTAURANTS, BARS (RAVINIA & MAPLEWOOD BREWERIES) +++
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12BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
Description
7.4% EXISTING/9% STABALIZED CAP RATE - EAST LOGAN SQUARE VALUE ADD OPPORTUNITY. MATICULOUSLY MAINTAINED LEGAL 4-UNIT + 2 GARDEN UNIT MULTIFAMLY. FULLY REHABBED IN 2017, WITH THE EXCEPTION OF UNIT 2R - LONG TERM TENANT. ALL NEW ELECTRICAL, PLUMBING, MECHANICALS, HARDWOOD FLOORS, KITCHENS, BATHS, ROOF, TUCKPOINT+++. ALL BUT 2 UNITS ARE UNDER MARKET VALUE RENTS CURRENTLY, WITH VALUE ADD POTENTIAL BETWEEN $15K-20K. ZERO VACANCIES FOR 10+ YEARS. PARKING FOR UP TO 6 CARS BETWEEN 2-CAR GARAGE + REAR DRIVEWAY. AMPLE PERMIT STREET PARKING. EASY ACCESS TO I-90/94, CTA BUSES, RESTAURANTS, BARS (RAVINIA & MAPLEWOOD BREWERIES) +++

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