Fully occupied, incredible turn key investment. Zoned 2flat in great condition with 3rd unit on top floor. Originally previous owner had it as a duplex with the second floor. Property is well maintained with great tenants and great rental income. First and second floor units have separate living and dining room and all units have central heating and air conditioning. First and third unit have in-unit laundry as well. This building provides a 7.4% CAP RATE after expenses and taxes. Apartment number 2 and 3 have leases until June 2022 and Unit 1 has lease until July 1st 2022, total monthly rental income is $4250. A lot of new construction in the area, collect great rental income and property appreciation.
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For more information about 4344 N Monticello, Chicago, IL 60618 contact Corcoran Urban Real Estate.
Listing provided by Jameson Sotheby's Intl Realty
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