Investors to the front! Loan is assumable at 6% until 2027! EXCELLENT rental upside! Can be purchased with 3226 W Potomac. Rehabbed in 2017 6 unit mixed use building. One storefront, two 3 bed 1 bath and three 2 bed 1 bath contemporary apartments with eat in kitchen, living room and dining room. New front facade. Hardwood floors. A/C / central air heat. Contemporary light fixtures including ceiling fan. Individual hot water tanks. Thermopane windows with mini blinds. Coin op W/D in basement. Individual storage rooms. Security buzzer system. Large decks for rear units. Sunny and Bright! Eat in kitchens with custom cabinets. Stainless steel kitchen appliance package. Self cleaning oven with convection. Dishwasher. Built-in microwave. Garbage disposals. Bathroom includes contemporary vanity + mirrored medicine cabinet with modern lighting. 3 parking spaces. Possibility of the commercial space being vacant if desired. Walking distance to tons of bars and restaurants. Close by the park, easy walk to Chicago Ave/Division St Buses. Cap rate = 7.94%
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Property Details
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Heating
Cooling Central Air
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Additional Information
Parking
3 Parking Spaces
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Listing History
01-24-2023
Listed at $1,385,000
03-24-2023
Price decreased by $10,000 to $1,375,000
06-13-2023
Price decreased by $65,000 to $1,310,000
Listing provided by @properties Christie's International Real Estate
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