Well maintained 3 story 9 unit building with separate gas forced air heat to each apartment located on a very nice block in the Irving Park neighborhood. Three 2 bedroom and 6 one bedroom units rented month to month. Long term tenants and long time owner has not kept up with current rent prices yet building still shows a decent return. Bathrooms updated. All double pane windows rubber roof. 4 car brick garage in rear. One vacant apartment for showing valued at $850. per month. Projected Estimated 2 bedroom units at $975. One bedroom at $850. Garages $400 Laundry $100 Income would be $102300. Net income $78703. OR 6.6% Cap rate. This is a nice property and great investment. Property being sold 'as is".
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For more information about 4107 N Bernard, Chicago, IL 60618 contact Corcoran Urban Real Estate.
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