Corcoran Urban Real Estate
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22 Properties Within 0.5 miles of: 3565 W Wolfram, Chicago

3565 W Wolfram
Chicago, IL 60618

  • Built In 1910
Price

$1,895,000

Est Payment
$11,298 / month (details)  
Taxes
$16,126  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
25*125  
Built
1910  
Neighborhood
Avondale  
MLS
#11215688
Status
Expired

Property Description

Fully Turnkey Cash Flowing asset trading at a 6.1% Cap Rate based on 2020 Actuals. Property has had ZERO vacancy in the 3 years since renovation has been completed and is perfect for the 1031 or everyday investor. The Drake Residences feature six meticulously renovated apartment units just steps from public transportation, parks and all the unique restaurants and bars Logan Square has to offer. Not an expense was spared as the renovation was fully permitted and everything except the brick walls were replaced (even the subfloor and joists). The units feature Two Bedroom/two bathroom and Three Bedroom/two bathroom configurations, Open floor plans, Stainless steel appliances, white shaker cabinets & quartz countertops, Central heating & air conditioning, including humidifiers, In-unit washer and gas dryers (oversized Whirlpool), Hardwood floors, Custom tiled bathrooms with solid wood vanities with quartz tops, Large 8'x8' basement storage units and three reserved parking spaces. Please reach out for additional financial information, rent rolls, location information, floor plan and additional unit pictures.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Individual
  • Water
  • Sewer

Additional Information

Parking
1 Parking Spaces

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

09-10-2021 Listed at $1,995,000
12-28-2021 Status changed to Under Contract
01-10-2022 Status changed to Active
01-23-2022 Price decreased by $100,000 to $1,895,000
03-10-2022 Status changed to Expired
Last Modified 3/10/22 12:05 AM

Nearby Transportation

  • Bus 76 0.1 mi
  • Bus 56 0.1 mi
  • Bus 82 0.2 mi
  • Bus 77 0.4 mi
  • Bus 53 0.5 mi
  • Bus 74 0.6 mi
  • Bus 152 0.9 mi
  • Bus 94 1.0 mi
  • Bus 73 1.1 mi
  • Milwaukee North 0.8 mi
  • Blue Line 0.4 mi
  • ZipCar 0.3 mi
  • I 90 East 0.6 mi
  • I 94 East 0.6 mi
  • I 90 West 0.7 mi
  • I 94 West 0.7 mi
  • I 290 West 4.0 mi
  • I 290 East 4.1 mi
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