3809 N Kenmore

Chicago, IL 60613

4-Units - Great investor opportunity to own a High Income, multi-unit property in Lakeview/Wrigleyville. Classic Chicago apartment building layout with 3 apartments plus a finished attic apartment for 4 total units. The attic unit rents for $1,450/mo. Currently operating at a 5.9% CAP. Annual income of $92,820 and NOI of $74,158. This building generates more income than most similar properties in the neighborhood and has VERY LOW operating expenses. Unit mix is: #G = 2 bed / 1 bath, #1 = 3 bed / 1 bath, #2 = 2 bed / 1 bath and #3 = 1,000 sq ft open, loft style studio. The apartments are always in demand and rent easily. Property also has a rear brick patio & 2 car garage. Utilities are separated with GFA heat & AC for all units and tenants pay gas/electric. Laundry located in basement. Located on leafy Kenmore Ave, close to Wrigley Field but not too close. Literally walking distance to everything in Wrigleyville: stadium - games & concerts, CTA Red line, shops, dining, bars, etc. This building is perfect for someone who is looking for high income and wants to start collecting rent from day 1 - all leases were just extend into 2023. Schedule today!