3-Flat in the heart of Lincoln Park. The building is taller than the buildings to the south therefore all south facing windows from unit 3 have downtown views. This is a great investment property with wonderful income potential. In cases, the seller has not increased rents in cases since 2004. We are looking for a quick sale hence the price. Some highlights: 1) 1 duplex-down with 4 bedroom and 2 bath; 2) 2 simplexes with 2 or 3 bedrooms and 1 bath; 3) rents have not been increased in years; 4) current leases are month to month; 5) Each unit has separate HVAC thus tenants pay utilities; 6) Each unit has laundry; 7) 2 car garage; 8) top floor has city views; 9) Zoning is Rt 4; 10) All brick building; 11) Very close to DePaul 12) if rents were increased to market rents, you would yield an approximate 6.4 cap rate. See agent remarks for showing time and information for proforma.
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For more information about 2237 N Clifton, Chicago, IL 60614 contact Corcoran Urban Real Estate.
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