Wrigleyville stabilized investment property at 7.9 cap rate. Building sits right on lot lines and is HUGE INSIDE. Unit 1: $2800 - 3br 1ba newly rehabbed rented until 5/31/19. Unit 2: $3000 - 3br 2ba duplex up rented until 5/31/19 this unit has room for a value add to increase rents to $3500-3800. Coach House: 3br 2ba luxurious gut rehabbed "The Wild Blueberry of Wrigleyville" is bringing in past 12 month annualized monthly net income of $4861 through Airbnb license #R17000015176. This is after subtracting professional management fees and cleaning fees. Comparable market rate coach house standard rents are $3800-4000 per a month. The coach house can also be used for an excellent owner-occupant scenario. Total current rents with airbnb: $10,661 monthly and $127,932 annually. Total rents non-airbnb are $9700 per month and $116,400 annually great cashflow! Building is turnkey and under a professional management company. Priced to sell!
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For more information about 3145 N Seminary, Chicago, IL 60657 contact Corcoran Urban Real Estate.
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