Amazing 3+ Unit Property in Andersonville/Edgewater (Legal 3+ Garden In-Law Apartment) Oversized Lot 3535 sq. ft. and building recorded as 6315 sq. ft + Full Basement! Lot is essentially all building with amazing Patio Space! Great for Owner Occupiers and Fantastic Value Add+ Opportunity! Update or keep as is and collect rent. Units 1,2 & 3 - Roughly 2100 sq. ft. each 3 Bed 2 Bath, In-law unit 2 bed 1 bath! Boiler Building in Great Condition. Roof and Tuckpointing done in 2021! Most Windows Replaced in the last 8 years. Water Heater 2014. Each unit currently has free private washer/dryer in basement. Large rear patio with furniture for tenants to enjoy! You will be impressed!! Cap Rate: 6.95. Gross rent multiplier: 10.00
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For more information about 5844 N Magnolia, Chicago, IL 60660 contact Corcoran Urban Real Estate.
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