Excellent investment opportunity in fully-occupied, vintage 6 unit in Chicago's West Ridge / West Rogers Park community near buses, shopping, restaurants, schools, and more. All units identical layout: large 3 bed / 1 bath with formal dining room and large living room; original hardwood floors throughout. Units have varying degree of updates including kitchen and baths. Building updates include roof (est. 2020), vinyl windows (est. 2012), porch (est. 2012), new concrete in basement stairwell. 4 garage space spots and 2 exterior parking pad spots all utilized by tenants. Two large basements include tenant storage, mechanicals (boiler and hot water tank) and coin laundry for additional income. Landlord pays heat, water, scavenger. Opportunity to increase rents and NOI / cap. Most current lease i $1680/mo. Several tenants at below market rents; most on mtm.
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