Fantastic corner building in West Humboldt Park. This renovated 7 unit building has 5 apartments and 2 retail spaces. This fully occupied building features mostly hardwood and some vinyl flooring, individual furnaces, stainless steel appliances, granite countertops, and overall condo quality units. The unit mix for the apartments: 4- 2 bedroom / 1 bathroom ; 1- 2 bedroom / 2 bathroom; 2 retail spaces; 1 parking space. The tenants are market rate and pay their own utilities, with the retail tenants being billed back for usage. Retail tenants are on long term modified gross leases. Outdoor signage income as well. This neighborhood has been rapidly improving with the recent addition of the Amazon distribution center is only fueling the growth. This is a cash cow investment property with a diversified income stream. Make it a part of your portfolio today!
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For more information about 3748 W Division, Chicago, IL 60651 contact Corcoran Urban Real Estate.
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