Norwood Park Brick 5-unit building now available. This well-maintained property features: Three 2 bedroom/1 bath units and Two 1 bedroom/1 bath units. Building is in good condition, new items include rear porches & water heater (both in 2018). Other major components previously updated include roof (9 yrs), boiler (11 yrs), tuckpointing (14 yrs), vinyl windows, as well as kitchen cabs updated as-needed within the last 5-10 yrs. Leases on 4/5 units, 1 unit MTM. Upside opportunity to raise rents at lease renewal. Projected rents of $5,700/mo would deliver 6.3% CAP (current $5,100/mo). Easy to manage building ideal for local self-managed owner. Coin laundry and separate tenant storage in basement. Great opportunity to buy in a rock-solid Northwest side location. Schedule your appt today! SEE INCOME & EXPENSED IN ADD'L INFO TAB.
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For more information about 6100 W Miami, Chicago, IL 60646 contact Corcoran Urban Real Estate.
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