Tri-Taylor/Medical District New Construction 3-flat Investment Opportunity. 7.19% Cap Rate, 12.0 GRM. Absolute Turnkey Opportunity for the discerning investor. Located a block from the Western Blue Line entrance and moments from the 290 on-ramp. Area enjoys fast turnaround on rentals, low vacancy rates and excellent rents as it supplies much of the Illinois Medical District and is a great West Loop alternative. Built at grade, all units are 2 bed/ 2 bath complete condo quality design and finish including Stainless appliances, oversized single bowl sink, quartz counter tops, transitional design, stained hardwood floors, separate HVAC, washer/dryers in unit, extra-large showers in the Master bath with handheld & bench. $70,803 Gross Revenue projected at proven rental rates and ready for occupancy in Q1 2018. Property may be purchase individually or as a portfolio with 2541 & 2534 W. Congress. A model unit is complete and ready to show.
Property Map
Please use the print button to include maps when printing.
For more information about 2537 W Congress, Chicago, IL 60612 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by North Clybourn Group, Inc.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
