Corcoran Urban Real Estate
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41 Properties Within 0.5 miles of: 509 N Hartland, Chicago

509 N Hartland
Chicago, IL 60622

  • Built In 2001
Price

$1,740,000

Est Payment
$11,309 / month (details)  
Taxes
$20,872  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
46 X 79  
Built
2001  
Neighborhood
East Village  
MLS
#11286295
Status
Sold (2/24/2022)

Property Description

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.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air, Central Individual
  • Water
  • Sewer

Additional Information

Parking
6 Parking Spaces

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

12-13-2021 Listed at $1,780,000
12-22-2021 Status changed to Under Contract
02-25-2022 Status changed to Closed
02-24-2022 Sold at $1,740,000
Last Modified 2/25/22 9:19 AM

Nearby Transportation

  • Bus 65 < 0.1 mi
  • Bus 9 0.2 mi
  • Bus X9 0.2 mi
  • Bus 50 0.3 mi
  • Bus 66 0.3 mi
  • Bus 20 0.7 mi
  • Bus 56 0.8 mi
  • Bus X49 0.8 mi
  • Bus 49 0.8 mi
  • Bus 70 0.8 mi
  • Bus 126 1.0 mi
  • Bus 7 1.2 mi
  • Bus 8 1.2 mi
  • Milwaukee North 0.9 mi
  • Milwaukee West 0.9 mi
  • North Central Service 0.9 mi
  • Green Line 0.5 mi
  • Pink Line 0.5 mi
  • Blue Line 0.9 mi
  • ZipCar 0.1 mi
  • I 90 East 0.8 mi
  • I 94 East 0.8 mi
  • I 90 West 0.8 mi
  • I 94 West 0.8 mi
  • I 290 West 1.0 mi
  • I 290 East 1.1 mi
  • I 55 South 2.8 mi
  • I 55 North 2.8 mi
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