Superb location in hot appreciating Portage Park. This meticulously maintained 2 unit property (plus bonus garden unit with 2 egress) is a money making machine, completely updated, nothing to renovate. Just steps to blue line stop, park, shops and restaurants. All apartments have spacious, bright rooms, fully renovated bathrooms and kitchens, currently (1) 3Br/1bath, (1) 2BR/1bath apartments plus nonconforming 2BR/1bath garden unit and 2 car garage. Building has too many updates to list, renovated kitchens and bathrooms, new windows, new hot water tanks, new boilers, coin operated laundry machines. Add this to your portfolio, long term tenants, room to improve rents without having to do major renovations. Building has over 8% cap rate potential. Total annual income includes Garden unit rent.
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For more information about 4912 W Berteau, Chicago, IL 60641 contact Corcoran Urban Real Estate.
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