In RIVER'S EDGE OF EAST PILSEN - Walk to the South Loop and Roosevelt Cooridor. The part of Pilsen with the MOST growth potential is here - east of 90-94. THIS NEW CONSTRUCTION 5 UNIT 7+ CAPPER IN POCKET OF HOT EAST PILSEN THAT'S ABOUT TO EXPLODE. ALL UNITS LEASED WITH GROSS RENT ROLL OF $161400 ANNUAL OFFERING A 11.2 MULTIPLIER( GRM) THERE ARE FOUR LARGE JUMBO 2000 SF 3 BED LUXURY APARTMENTS AND ONE STOREFRONT. THE APARTMENTS ARE FINISHED TO CONDO QUALITY(QUARTZ COUNTERS, SS QUALITY APPLIANCES, FULL LAUNDRY IN UNIT IN EACH UNIT, ROOF VIEW/ACCESS FOR PENTHOUSE UNITS, BALCONY FOR OTHER , UPGRADED TRIM & WINDOW PACKAGE,4+ PARKING SPACES... ETC)..... COMPARE THIS mid 11 ANNUALIZED MULTIPLIER TO THE OTHER USED/OLDER REHAB COMPETITION. BEYOND THE CASH FLOW THERE IS THE APPRECIATION. THIS LOCATION IN RIVER'S EDGE OF EAST PILSEN.. NEW CONSTRUCTION PROJECTS EAST OF THE EXPRESSWAY( WITHIN BLOCKS). ........ ....WALK ACROSS THE 18th st BRIDGE ON FOOT TO THE SOUTH LOOP OR WALK UP TO ROOSEVELT TO WHOLE FOODS, ICON THEATRES AND THE WHOLE SHOPPING DISTRICT OF THE ROOSEVELT COORIDOR.... JUMP ON I90-94, I 55 in MOMENTS. TAKE METRA, BUS STOPS, EL AND METRA-- ALL NEARBY IN PILSEN.
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For more information about 1935 S Canalport, Chicago, IL 60616 contact Corcoran Urban Real Estate.
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