Description for
1615 W Highland AvenueChicago, IL 60660
Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Additional properties for sale in portfolio. More photos and info forthcoming. Please send POF and sign NDA for financials.
Price
$3,295,000
Cook
12005899
Active
Description
Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Additional properties for sale in portfolio. More photos and info forthcoming. Please send POF and sign NDA for financials.
Listing Information
Property Type: Multi-Family, Business Opportunities, 3+ Story
0.29 Acres
1917
3
Brick
13 Total
Neighborhood
Room Information
Exterior / Lot Features
Brick
66 X 176
Driving Directions
A block west off Clark Street and a block south of Devon Ave
Financial Considerations
14062070120000
$19,832
Listing Price History
Chicago Real Estate
Chicago is located in Illinois.
Chicago, Illinois 60660 has a population of 2,781,445.
The median household income in Chicago, Illinois 60660 is
$55,227.
The median household income for the surrounding county is $68,916
compared to the national median of $66,222.
The median age of people living in Chicago 60660 is 38 years.
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Courtesy: Trelleum LLC
Listings courtesy of MRED as distributed by MLS GRID
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