CRER is pleased to exclusively offer this 6-unit investment opportunity in rapidly developing West Town. Two 3BR/3BA duplex up, two 3BR/2BA duplex down and two 2BR/2BA simplex units with garage parking. Excellent opportunity to purchase a newer construction, cash flowing asset below replacement value in a neighborhood that is experiencing a building boom. Strategically located approx. 5 blocks from the West Loop and Fulton Market and 5 blocks from all the bars and restaurants on Chicago Ave. Top floor units have private, walk-out roof decks with great views of downtown. Garage parking for 6 cars. Granite counter tops, stainless steel appliances and outdoor space for each unit. Built in 2001 with condo level finishes. Opportunity to boost rental income with minimal value-add and/or a condo exit with modernized upgrades. Pro forma 7% CAP. Vacant double lot adjacent can also be purchased together or separately.
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For more information about 509 N Hartland, Chicago, IL 60622 contact Corcoran Urban Real Estate.
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